Keudell Morrison Wealth Management Invests $5.96 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Keudell Morrison Wealth Management acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 182,825 shares of the company’s stock, valued at approximately $5,964,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 1.3% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 17th largest position.

Other institutional investors have also modified their holdings of the company. Flagship Wealth Advisors LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 50.5% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after acquiring an additional 68,389 shares in the last quarter. D.B. Root & Company LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 10.9% during the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after acquiring an additional 23,865 shares in the last quarter. Fortis Capital Advisors LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 1.8% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock worth $32,439,000 after acquiring an additional 17,522 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 44.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 108,307 shares of the company’s stock worth $3,456,000 after acquiring an additional 33,155 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $635,000.

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

Shares of NYSEARCA:SCHG opened at $34.30 on Friday. The company’s fifty day moving average price is $31.58 and its 200 day moving average price is $31.90. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $26.80 and a 12 month high of $34.74. The firm has a market capitalization of $57.98 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.