Assetmark Inc. Decreases Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Assetmark Inc. cut its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,901,375 shares of the company’s stock after selling 183,041 shares during the period. Assetmark Inc. owned approximately 0.18% of Schwab U.S. Large-Cap Growth ETF worth $94,643,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SCHG. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 12.0% in the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after acquiring an additional 6,651,144 shares during the period. Osaic Holdings Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after purchasing an additional 1,175,660 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock valued at $533,385,000 after purchasing an additional 1,261,913 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at about $511,489,000. Finally, Raymond James Financial Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.3% in the 2nd quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock worth $447,410,000 after purchasing an additional 494,865 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.4%

SCHG opened at $30.95 on Tuesday. The company’s 50 day moving average is $30.30 and its 200 day moving average is $31.72. The company has a market cap of $51.60 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $22.74 and a 12-month high of $33.74.

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.