Daybright Advisory Services Inc. Invests $6.74 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Daybright Advisory Services Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 206,642 shares of the company’s stock, valued at approximately $6,741,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 1.8% of Daybright Advisory Services Inc.’s holdings, making the stock its 13th biggest position.

Other large investors have also made changes to their positions in the company. Crews Bank & Trust bought a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at approximately $25,000. Westfuller Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $26,000. REAP Financial Group LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $28,000. Bessemer Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $31,000. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares during the last quarter.

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

Shares of NYSEARCA:SCHG opened at $29.42 on Friday. The stock has a market capitalization of $48.90 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The firm has a fifty day moving average price of $30.55 and a 200 day moving average price of $31.78.

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.