Robertson Stephens Wealth Management LLC Has $2.11 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Robertson Stephens Wealth Management LLC lowered its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 86.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 72,086 shares of the company’s stock after selling 441,486 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,106,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after purchasing an additional 5,775,232 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth approximately $142,573,000. HighTower Advisors LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% during the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock worth $190,662,000 after purchasing an additional 3,155,669 shares in the last quarter. Golden Reserve Retirement LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $69,560,000. Finally, LPL Financial LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% during the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after purchasing an additional 2,554,009 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 3.4%

Shares of NYSEARCA:SCHG opened at $31.41 on Friday. The company’s 50 day moving average price is $31.12 and its two-hundred day moving average price is $28.51. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.63. The firm has a market cap of $50.12 billion, a PE ratio of 34.24 and a beta of 1.10.

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.