Retirement Guys Formula LLC cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 7.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 588,716 shares of the company’s stock after selling 49,839 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 6.6% of Retirement Guys Formula LLC’s portfolio, making the stock its largest holding. Retirement Guys Formula LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $18,786,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHG. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at $26,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth about $29,000. Key Financial Inc raised its holdings in Schwab U.S. Large-Cap Growth ETF by 148.6% in the 2nd quarter. Key Financial Inc now owns 1,233 shares of the company’s stock valued at $36,000 after buying an additional 737 shares during the period. Creekmur Asset Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 200.3% in the 2nd quarter. Creekmur Asset Management LLC now owns 1,811 shares of the company’s stock valued at $53,000 after buying an additional 1,208 shares during the period. Finally, Mogy Joel R Investment Counsel Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the second quarter valued at about $55,000.
Schwab U.S. Large-Cap Growth ETF Price Performance
Shares of SCHG stock opened at $32.62 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-year high of $33.74. The firm has a market cap of $53.00 billion, a PE ratio of 34.24 and a beta of 1.15. The company has a 50-day moving average of $32.68 and a two-hundred day moving average of $31.27.
About Schwab U.S. Large-Cap Growth ETF
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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