NewEdge Advisors LLC Has $11.49 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

NewEdge Advisors LLC reduced its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 41.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 394,525 shares of the company’s stock after selling 278,327 shares during the period. NewEdge Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,493,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHG. Advisortrust Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at $27,000. Center for Financial Planning Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth $28,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth 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 during the last quarter. Finally, MBM Wealth Consultants LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $48,000.

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

Shares of SCHG opened at $33.24 on Thursday. The firm has a market cap of $58.21 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $35.42. The firm’s 50-day simple moving average is $34.03 and its 200 day simple moving average is $32.38.

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.