Smithbridge Asset Management Inc. DE Sells 419,742 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Smithbridge Asset Management Inc. DE lowered its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 44.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 525,036 shares of the company’s stock after selling 419,742 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up approximately 2.3% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 11th biggest position. Smithbridge Asset Management Inc. DE’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after acquiring an additional 3,230,427 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after purchasing an additional 2,464,714 shares in the last quarter. Mariner LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.5% in the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock valued at $654,968,000 after purchasing an additional 2,229,203 shares in the last quarter. Vantagepoint Investment Advisers LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 6.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after purchasing an additional 1,038,388 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.2% during the 4th quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock valued at $553,244,000 after purchasing an additional 1,572,946 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.8%

Shares of NYSEARCA:SCHG opened at $34.11 on Thursday. The stock has a market cap of $59.50 billion, a PE ratio of 34.24 and a beta of 1.19. The company’s fifty day moving average is $33.79 and its 200 day moving average is $32.18. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 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.