Money Concepts Capital Corp Raises Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Money Concepts Capital Corp grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 34.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,621 shares of the company’s stock after buying an additional 43,738 shares during the period. Money Concepts Capital Corp’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,999,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Valpey Financial Services LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after acquiring an additional 7,752,527 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% in the 4th quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after purchasing an additional 5,728,214 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after purchasing an additional 3,230,427 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $92,090,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.9%

NYSEARCA:SCHG opened at $34.54 on Friday. The stock’s 50 day moving average price is $33.98 and its 200 day moving average price is $32.26. The company has a market capitalization of $60.32 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.96 and a 52-week high of $35.42.

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.