Summit Wealth & Retirement Planning Inc. Cuts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Summit Wealth & Retirement Planning Inc. cut its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,528,494 shares of the company’s stock after selling 25,747 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 11.7% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 3rd largest position. Summit Wealth & Retirement Planning Inc. owned approximately 0.09% of Schwab U.S. Large-Cap Growth ETF worth $49,859,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crews Bank & Trust bought a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter worth $25,000. Westfuller Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $26,000. REAP Financial Group LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $28,000. Bessemer Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $31,000. Finally, Howe & Rusling Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% in the third quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after buying an additional 332 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.7%

Schwab U.S. Large-Cap Growth ETF stock opened at $33.14 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $25.43 and a 1-year high of $33.74. The firm has a market capitalization of $56.01 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm’s fifty day moving average price is $30.73 and its two-hundred day moving average price is $31.76.

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.