MBA Advisors LLC Has $11.56 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

MBA Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 341,586 shares of the company’s stock after acquiring an additional 21,390 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 3.8% of MBA Advisors LLC’s portfolio, making the stock its 5th largest holding. MBA Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,559,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. SkyOak Wealth LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.4% during the second quarter. SkyOak Wealth LLC now owns 786,395 shares of the company’s stock valued at $26,612,000 after buying an additional 25,858 shares during the last quarter. XML Financial LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the second quarter. XML Financial LLC now owns 1,683,381 shares of the company’s stock worth $56,966,000 after acquiring an additional 52,224 shares during the period. Beacon Financial Advisory LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 4.1% during the second quarter. Beacon Financial Advisory LLC now owns 34,671 shares of the company’s stock valued at $1,173,000 after acquiring an additional 1,353 shares during the last quarter. Symphony Financial Ltd. Co. increased its position in Schwab U.S. Large-Cap Growth ETF by 18.1% during the second quarter. Symphony Financial Ltd. Co. now owns 35,208 shares of the company’s stock valued at $1,179,000 after acquiring an additional 5,403 shares during the last quarter. Finally, Chesapeake Wealth Management lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 0.6% in the second quarter. Chesapeake Wealth Management now owns 185,701 shares of the company’s stock valued at $6,284,000 after acquiring an additional 1,129 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $35.32 on Thursday. The stock’s 50-day simple moving average is $34.68 and its two-hundred day simple moving average is $32.99. The stock has a market capitalization of $61.97 billion, a price-to-earnings 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 $36.11.

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. 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.