Evanson Financial LLC Purchases New Shares in Schwab U.S. Large-Cap Growth ETF $SCHG

Evanson Financial LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,114 shares of the company’s stock, valued at approximately $816,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $27,000. Advisortrust Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $25,000. Center for Financial Planning Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $28,000. Cary Street Partners Investment Advisory LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after purchasing an additional 1,019 shares during the period. Finally, Manning & Napier Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $49,000.

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

Shares of NYSEARCA:SCHG opened at $35.78 on Friday. The stock has a market cap of $62.78 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a 50 day moving average of $34.09 and a 200-day moving average of $32.50. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.96 and a one year high of $35.91.

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.