Marquette Asset Management LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 9.6% in the third quarter, HoldingsChannel.com reports. The fund owned 4,298,748 shares of the company’s stock after selling 459,047 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 20.2% of Marquette Asset Management LLC’s portfolio, making the stock its largest position. Marquette Asset Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $154,454,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its stake in Schwab U.S. Large-Cap Growth ETF by 655.4% in the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after acquiring an additional 5,728,214 shares during the last quarter. RMG Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 228,621.0% in the 1st quarter. RMG Wealth Management LLC now owns 5,413,826 shares of the company’s stock worth $157,705,000 after purchasing an additional 5,411,459 shares in the last quarter. Sei Investments Co. boosted its holdings 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 worth $1,385,562,000 after purchasing an additional 3,356,829 shares in the last quarter. Mariner LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.5% during 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 during the last quarter. Finally, TSG Advice Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at about $47,522,000.
Schwab U.S. Large-Cap Growth ETF Trading Up 0.9%
Shares of NYSEARCA SCHG opened at $36.74 on Friday. The stock’s 50-day moving average is $35.68 and its 200 day moving average is $33.97. The stock has a market cap of $65.47 billion, a price-to-earnings 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 $37.10.
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.
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Want to see what other hedge funds are holding SCHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report).
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