Gateway Wealth Partners LLC Acquires Shares of 15,357 Schwab U.S. Large-Cap Growth ETF $SCHG

Gateway Wealth Partners LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 1st quarter, Holdings Channel reports. The firm acquired 15,357 shares of the company’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Advisortrust Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $27,000. Center for Financial Planning Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $28,000. Cary Street Partners Investment Advisory LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in 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. Finally, MBM Wealth Consultants LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $48,000.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $34.17 on Friday. The stock’s 50 day simple moving average is $34.02 and its two-hundred day simple moving average is $32.40. The stock has a market cap of $59.84 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. 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.

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.