Advisory Services Network LLC Has $17.12 Million Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Advisory Services Network LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 536,365 shares of the company’s stock after acquiring an additional 50,616 shares during the quarter. Advisory Services Network LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $17,115,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after purchasing an additional 9,139 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 294.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after purchasing an additional 359,429 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% in the first quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock valued at $3,246,000 after purchasing an additional 21,234 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 285.9% during the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after acquiring an additional 385,822 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5.3% in the second quarter. Bank of New York Mellon Corp now owns 297,139 shares of the company’s stock valued at $8,679,000 after buying an additional 14,847 shares in the last quarter.

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

Shares of SCHG stock opened at $30.34 on Wednesday. The firm’s 50-day moving average is $31.38 and its 200-day moving average is $31.95. The stock has a market cap of $49.66 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74.

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.