Naples Global Advisors LLC Purchases Shares of 8,424 Schwab U.S. Large-Cap Growth ETF $SCHG

Naples Global Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 8,424 shares of the company’s stock, valued at approximately $246,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 13.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock valued at $1,208,444,000 after purchasing an additional 5,775,232 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% during the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock worth $190,662,000 after acquiring an additional 3,155,669 shares in the last quarter. Golden Reserve Retirement LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth $69,560,000. LPL Financial LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after acquiring an additional 2,554,009 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 27.9% in the 1st quarter. Cetera Investment Advisers now owns 9,339,176 shares of the company’s stock worth $233,853,000 after acquiring an additional 2,035,107 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.3%

Shares of NYSEARCA SCHG opened at $32.09 on Friday. The stock has a market capitalization of $51.02 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. The stock’s fifty day simple moving average is $30.91 and its 200 day simple moving average is $28.30. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $32.28.

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.