D.B. Root & Company LLC Grows Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

D.B. Root & Company LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 243,695 shares of the company’s stock after buying an additional 23,865 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 2.0% of D.B. Root & Company LLC’s investment portfolio, making the stock its 11th largest position. D.B. Root & Company LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,776,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SCHG. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after acquiring an additional 28,455,790 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth about $511,489,000. Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after purchasing an additional 6,979,991 shares during the period. Sei Investments Co. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Finally, Triton Wealth Management PLLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter valued at about $48,445,000.

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

SCHG stock opened at $31.11 on Monday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The company has a market cap of $50.92 billion, a P/E ratio of 34.24 and a beta of 1.15. The firm has a 50-day moving average of $32.48 and a 200 day moving average of $31.88.

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.