Independent Financial Group LLC Takes Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Independent Financial Group LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the first quarter, Holdings Channel.com reports. The fund bought 442,282 shares of the company’s stock, valued at approximately $12,884,000.

A number of other large investors also recently modified their holdings of the company. Wealthfront Advisers LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 8.1% in the 1st quarter. Wealthfront Advisers LLC now owns 171,043 shares of the company’s stock valued at $4,982,000 after purchasing an additional 12,760 shares during the period. D.A. Davidson & CO. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 5.1% during the first quarter. D.A. Davidson & CO. now owns 466,201 shares of the company’s stock worth $13,580,000 after buying an additional 22,586 shares during the last quarter. RFG Bristol Wealth Advisors LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 21.0% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 160,529 shares of the company’s stock worth $4,676,000 after buying an additional 27,852 shares during the last quarter. Milestone Investment Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.8% in the first quarter. Milestone Investment Advisors LLC now owns 1,022,063 shares of the company’s stock valued at $29,773,000 after buying an additional 7,657 shares in the last quarter. Finally, Blackhawk Capital Partners LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 8.4% during the first quarter. Blackhawk Capital Partners LLC now owns 26,019 shares of the company’s stock valued at $758,000 after buying an additional 2,008 shares during the last quarter.

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

Shares of NYSEARCA SCHG opened at $34.63 on Friday. The company has a 50-day moving average price of $34.11 and a 200-day moving average price of $32.32. The stock has a market capitalization of $60.54 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42.

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. 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.