Leo Wealth LLC Buys Shares of 573,896 Schwab U.S. Large-Cap Growth ETF $SCHG

Leo Wealth LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 573,896 shares of the company’s stock, valued at approximately $18,748,000. Schwab U.S. Large-Cap Growth ETF accounts for 1.4% of Leo Wealth LLC’s portfolio, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its holdings 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 purchasing an additional 6,651,144 shares in the last quarter. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Osaic Holdings Inc. increased its position 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. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 8.2% in the 3rd 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. Finally, Vantagepoint Investment Advisers LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $511,489,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $29.42 on Monday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74. The stock has a market cap of $48.90 billion, a PE ratio of 34.24 and a beta of 1.15. The company’s 50-day moving average price is $30.55 and its two-hundred day moving average price is $31.78.

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.