Schwab U.S. Large-Cap Growth ETF $SCHG Shares Acquired by Meriwether Wealth & Planning LLC

Meriwether Wealth & Planning LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 722,280 shares of the company’s stock after buying an additional 28,968 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 13.4% of Meriwether Wealth & Planning LLC’s portfolio, making the stock its largest position. Meriwether Wealth & Planning LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $23,048,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SCHG. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after purchasing an additional 28,455,790 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after buying an additional 6,979,991 shares during the period. RMG Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the second quarter valued at about $142,573,000. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after buying an additional 4,524,057 shares during the period. Finally, Mather Group LLC. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $33.03 on Wednesday. The company’s 50 day simple moving average is $32.57 and its 200-day simple moving average is $31.08. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The company has a market capitalization of $53.67 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

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.