Sagespring Wealth Partners LLC Reduces Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Sagespring Wealth Partners LLC decreased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,449 shares of the company’s stock after selling 872 shares during the period. Sagespring Wealth Partners LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $685,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its position in 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. Mather Group LLC. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% during the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after buying an additional 2,554,009 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 7.7% in the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock worth $387,608,000 after acquiring an additional 1,106,110 shares during the period. Finally, Raymond James Financial Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 2.3% in the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after acquiring an additional 332,496 shares during the period.

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

SCHG stock opened at $31.93 on Thursday. The stock has a market capitalization of $51.11 billion, a P/E ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $32.63. The company has a 50 day moving average price of $31.23 and a two-hundred day moving average price of $28.64.

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.