Apex Wealth Management LLC Reduces Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Apex Wealth Management LLC trimmed its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 44.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,843 shares of the company’s stock after selling 142,159 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises approximately 6.0% of Apex Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Apex Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $5,852,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Independent Wealth Network Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.0% during the 4th quarter. Independent Wealth Network Inc. now owns 26,483 shares of the company’s stock worth $864,000 after purchasing an additional 517 shares during the period. Private Trust Co. NA increased its position in Schwab U.S. Large-Cap Growth ETF by 73.9% in the fourth quarter. Private Trust Co. NA now owns 18,529 shares of the company’s stock worth $604,000 after buying an additional 7,875 shares during the last quarter. WBH Advisory Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 3.2% in the fourth quarter. WBH Advisory Inc. now owns 830,325 shares of the company’s stock worth $27,085,000 after buying an additional 25,596 shares during the last quarter. Kiley Juergens Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 18.5% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 62,159 shares of the company’s stock worth $2,028,000 after buying an additional 9,725 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth $239,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.13 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $22.74 and a 52-week high of $33.74. The stock’s 50-day simple moving average is $30.36 and its 200 day simple moving average is $31.72. The stock has a market capitalization of $52.98 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.