Johnson Wealth Management LLC Invests $874,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Johnson Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,788 shares of the company’s stock, valued at approximately $874,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 0.4% of Johnson Wealth Management LLC’s portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 8.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 127,906 shares of the company’s stock worth $4,172,000 after acquiring an additional 10,036 shares during the last quarter. GWN Securities Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 14.9% during the fourth quarter. GWN Securities Inc. now owns 46,362 shares of the company’s stock worth $1,512,000 after buying an additional 6,006 shares in the last quarter. Stonebrook Private Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 8.6% during the fourth quarter. Stonebrook Private Inc. now owns 50,975 shares of the company’s stock worth $1,663,000 after buying an additional 4,026 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 5.3% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 1,557,983 shares of the company’s stock worth $50,821,000 after buying an additional 77,827 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $103,000.

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

SCHG opened at $32.87 on Thursday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.68 and a fifty-two week high of $35.42. The firm’s fifty day moving average price is $32.93 and its two-hundred day moving average price is $32.09. The company has a market capitalization of $55.56 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.