Charles Schwab Trust Co Buys 30,853 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Charles Schwab Trust Co increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,753,222 shares of the company’s stock after purchasing an additional 30,853 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 3.8% of Charles Schwab Trust Co’s investment portfolio, making the stock its 8th largest position. Charles Schwab Trust Co owned 0.11% of Schwab U.S. Large-Cap Growth ETF worth $57,190,000 at the end of the most recent reporting period.

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

Schwab U.S. Large-Cap Growth ETF Trading Down 1.7%

SCHG stock opened at $29.29 on Monday. The business’s fifty day moving average price is $31.19 and its 200 day moving average price is $31.94. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The company has a market capitalization of $47.94 billion, a PE 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.