Ballast Advisors LLC Decreases Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Ballast Advisors LLC lowered its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 894,867 shares of the company’s stock after selling 20,418 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 7.9% of Ballast Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Ballast Advisors LLC owned about 0.06% of Schwab U.S. Large-Cap Growth ETF worth $28,555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCHG. Crews Bank & Trust bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $25,000. Westfuller Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $26,000. REAP Financial Group LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $28,000. Atlantic Union Bankshares Corp bought a new position in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at $29,000. Finally, Bessemer Group Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $31,000.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $30.74 on Monday. The stock has a market cap of $50.31 billion, a P/E ratio of 34.24 and a beta of 1.15. 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 fifty day moving average price is $31.92 and its 200-day moving average price is $31.94.

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.