Charles Schwab Investment Management Inc. Grows Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Charles Schwab Investment Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 653.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,809,028 shares of the company’s stock after buying an additional 28,455,790 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $958,352,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth approximately $26,000. Atlantic Union Bankshares Corp purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the second quarter worth $29,000. Y.D. More Investments Ltd grew its holdings in Schwab U.S. Large-Cap Growth ETF by 62.8% in the first 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 during the last quarter. Key Financial Inc grew its holdings in Schwab U.S. Large-Cap Growth ETF by 148.6% in the second quarter. Key Financial Inc now owns 1,233 shares of the company’s stock valued at $36,000 after purchasing an additional 737 shares during the last quarter. Finally, Luminist Capital LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at $38,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.6%

NYSEARCA:SCHG opened at $31.37 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74. The stock has a fifty day simple moving average of $32.25 and a 200-day simple moving average of $30.23. The company has a market capitalization of $50.97 billion, a PE ratio of 34.24 and a beta of 1.15.

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.