Belpointe Asset Management LLC Has $58.11 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Belpointe Asset Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,821,134 shares of the company’s stock after acquiring an additional 95,857 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 2.2% of Belpointe Asset Management LLC’s holdings, making the stock its 6th biggest holding. Belpointe Asset Management LLC owned about 0.11% of Schwab U.S. Large-Cap Growth ETF worth $58,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of SCHG. Whittier Trust Co. of Nevada Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 16.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,232 shares of the company’s stock worth $72,000 after purchasing an additional 312 shares during the period. Pinnacle Financial Partners Inc grew its holdings in Schwab U.S. Large-Cap Growth ETF by 0.9% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 36,217 shares of the company’s stock worth $1,156,000 after acquiring an additional 315 shares in the last quarter. Kennebec Savings Bank increased its position in Schwab U.S. Large-Cap Growth ETF by 6.6% during the 3rd quarter. Kennebec Savings Bank now owns 5,298 shares of the company’s stock valued at $169,000 after purchasing an additional 328 shares during the period. Dumont & Blake Investment Advisors LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 1.3% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 26,803 shares of the company’s stock valued at $855,000 after purchasing an additional 336 shares during the period. Finally, Inspire Advisors LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% in the 2nd quarter. Inspire Advisors LLC now owns 10,038 shares of the company’s stock valued at $293,000 after purchasing an additional 342 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Shares of SCHG opened at $32.46 on Tuesday. The company has a 50 day moving average price of $32.54 and a 200-day moving average price of $31.75. 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 stock has a market capitalization of $53.11 billion, a PE ratio of 34.24 and a beta of 1.15.

About Schwab U.S. Large-Cap Growth ETF

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.