Modera Wealth Management LLC Sells 33,201 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Modera Wealth Management LLC cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 932,102 shares of the company’s stock after selling 33,201 shares during the period. Modera Wealth Management LLC owned 0.06% of Schwab U.S. Large-Cap Growth ETF worth $27,152,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Juno Financial Group LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 5.9% during the 1st quarter. Juno Financial Group LLC now owns 434,333 shares of the company’s stock valued at $12,652,000 after buying an additional 24,196 shares in the last quarter. Advisortrust Partners LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth $25,000. Assetmark Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% in the first quarter. Assetmark Inc. now owns 2,908,879 shares of the company’s stock worth $84,736,000 after buying an additional 7,504 shares in the last quarter. Paradigm Capital Management LLC NV boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.0% during the first quarter. Paradigm Capital Management LLC NV now owns 53,407 shares of the company’s stock worth $1,556,000 after acquiring an additional 1,041 shares during the last quarter. Finally, Main Street Group LTD bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $124,000.

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

SCHG opened at $34.18 on Friday. The stock has a market capitalization of $59.80 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a fifty day moving average of $34.11 and a 200 day moving average of $32.33. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42.

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.