Alpha Omega Wealth Management LLC Cuts Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Alpha Omega Wealth Management LLC cut its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 41.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,623 shares of the company’s stock after selling 18,642 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $850,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHG. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab U.S. Large-Cap Growth ETF in the second quarter valued at $26,000. Atlantic Union Bankshares Corp purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $29,000. Key Financial Inc boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 148.6% in the 2nd quarter. Key Financial Inc now owns 1,233 shares of the company’s stock valued at $36,000 after buying an additional 737 shares during the period. Creekmur Asset Management LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 200.3% during the second quarter. Creekmur Asset Management LLC now owns 1,811 shares of the company’s stock worth $53,000 after buying an additional 1,208 shares in the last quarter. Finally, Mogy Joel R Investment Counsel Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth approximately $55,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.4%

Shares of NYSEARCA:SCHG opened at $32.50 on Friday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The firm’s 50 day moving average price is $32.68 and its 200 day moving average price is $31.32. The stock has a market cap of $52.81 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.