Allworth Financial LP Has $21.55 Million Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Allworth Financial LP reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 37.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 636,680 shares of the company’s stock after selling 373,917 shares during the quarter. Allworth Financial LP’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $21,545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHG. Sei Investments Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% in the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock valued at $1,385,562,000 after acquiring an additional 3,356,829 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after purchasing an additional 3,230,427 shares in the last quarter. LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 7.8% in the fourth 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 raised its holdings in Schwab U.S. Large-Cap Growth ETF by 12.5% in the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Schwab U.S. Large-Cap Growth ETF by 5.9% in the first quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock worth $523,048,000 after purchasing an additional 995,373 shares during the period.

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

Shares of NYSEARCA SCHG traded down $0.28 during midday trading on Tuesday, reaching $35.25. 8,054,281 shares of the stock were exchanged, compared to its average volume of 12,870,411. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $36.11. The company has a market capitalization of $61.85 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a 50-day simple moving average of $34.84 and a two-hundred day simple moving average of $33.10.

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.