Independent Wealth Network Inc. Purchases 6,393 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Independent Wealth Network Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 31.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,871 shares of the company’s stock after purchasing an additional 6,393 shares during the period. Independent Wealth Network Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $673,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. WealthCollab LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. WealthCollab LLC now owns 1,000 shares of the company’s stock worth $28,000 after purchasing an additional 750 shares in the last quarter. National Bank of Canada FI boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 479.4% in the 4th quarter. National Bank of Canada FI now owns 1,124 shares of the company’s stock worth $31,000 after purchasing an additional 930 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,188 shares of the company’s stock worth $33,000 after purchasing an additional 891 shares in the last quarter. BOKF NA boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. BOKF NA now owns 1,224 shares of the company’s stock worth $34,000 after purchasing an additional 918 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $36,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.5%

SCHG stock opened at $29.73 on Friday. The stock has a market capitalization of $45.30 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $29.80. The stock’s 50 day simple moving average is $28.23 and its 200 day simple moving average is $27.11.

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.