Spectrum Asset Management Inc. NB CA lessened its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 18.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 174,423 shares of the company’s stock after selling 39,284 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 1.6% of Spectrum Asset Management Inc. NB CA’s investment portfolio, making the stock its 17th biggest position. Spectrum Asset Management Inc. NB CA’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $5,081,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at $27,000. Cary Street Partners Investment Advisory LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the period. MBM Wealth Consultants LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth about $48,000. Manning & Napier Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth about $49,000. Finally, Kingdom Financial Group LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth about $49,000.
Schwab U.S. Large-Cap Growth ETF Price Performance
SCHG opened at $32.84 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42. The business has a 50-day moving average of $33.71 and a two-hundred day moving average of $32.17. The stock has a market capitalization of $55.51 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.
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.
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