Angeles Wealth Management LLC Raises Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Angeles Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,359,736 shares of the company’s stock after buying an additional 22,911 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 3.7% of Angeles Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Angeles Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $68,739,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHG. Garton & Associates Financial Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth $27,000. Center for Financial Planning Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $28,000. Cary Street Partners Investment Advisory LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $49,000. Finally, Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.8%

SCHG stock opened at $34.63 on Friday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $35.42. The stock’s 50 day moving average is $34.11 and its 200-day moving average is $32.32. The firm has a market capitalization of $60.54 billion, a PE 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.