Ameriprise Financial Inc. Grows Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Ameriprise Financial Inc. increased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,720,317 shares of the company’s stock after acquiring an additional 1,261,913 shares during the period. Ameriprise Financial Inc. owned approximately 1.03% of Schwab U.S. Large-Cap Growth ETF worth $533,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $25,000. Westfuller Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $26,000. REAP Financial Group LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $28,000. Bessemer Group Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at about $31,000. Finally, Howe & Rusling Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% during the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after buying an additional 332 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.1%

Shares of SCHG stock opened at $29.91 on Monday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74. The stock has a market cap of $48.96 billion, a PE ratio of 34.24 and a beta of 1.15. The business has a 50-day simple moving average of $31.48 and a 200-day simple moving average of $31.96.

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.