Schneider Downs Wealth Management Advisors LP Increases Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Schneider Downs Wealth Management Advisors LP increased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,640,699 shares of the company’s stock after purchasing an additional 62,669 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 7.2% of Schneider Downs Wealth Management Advisors LP’s portfolio, making the stock its 3rd biggest position. Schneider Downs Wealth Management Advisors LP owned approximately 0.11% of Schwab U.S. Large-Cap Growth ETF worth $47,925,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at about $26,000. Y.D. More Investments Ltd raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% in the 1st quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock valued at $36,000 after purchasing an additional 548 shares in the last quarter. Luminist Capital LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at about $38,000. MTM Investment Management LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at about $45,000. Finally, Richards Merrill & Peterson Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at about $49,000.

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

NYSEARCA:SCHG opened at $32.69 on Friday. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $32.78. The firm has a market cap of $51.94 billion, a P/E ratio of 34.24 and a beta of 1.10. The firm has a 50-day simple moving average of $31.47 and a 200-day simple moving average of $29.09.

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.