Advance Capital Management Inc. reduced its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,195,446 shares of the company’s stock after selling 56,146 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 1.7% of Advance Capital Management Inc.’s portfolio, making the stock its 8th biggest holding. Advance Capital Management Inc. owned approximately 0.07% of Schwab U.S. Large-Cap Growth ETF worth $38,995,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after acquiring an additional 6,651,144 shares during the period. Sei Investments Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after buying an additional 4,524,057 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after buying an additional 28,455,790 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% in the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after buying an additional 1,175,660 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 8.2% during the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock worth $533,385,000 after buying an additional 1,261,913 shares in the last quarter.
Schwab U.S. Large-Cap Growth ETF Stock Down 0.5%
Shares of SCHG opened at $29.80 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The firm has a market capitalization of $48.78 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock’s 50-day moving average price is $31.26 and its 200 day moving average price is $31.92.
Schwab U.S. Large-Cap Growth ETF Company 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.
Further Reading
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