Cambridge Capital Management LLC Makes New $4.98 Million Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Cambridge Capital Management LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 170,416 shares of the company’s stock, valued at approximately $4,978,000. Schwab U.S. Large-Cap Growth ETF accounts for about 2.7% of Cambridge Capital Management LLC’s portfolio, making the stock its 11th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Ehrlich Financial Group raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the 2nd quarter. Ehrlich Financial Group now owns 16,268 shares of the company’s stock valued at $475,000 after purchasing an additional 367 shares during the period. BIP Wealth LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 1.9% during the first quarter. BIP Wealth LLC now owns 20,944 shares of the company’s stock valued at $524,000 after acquiring an additional 383 shares in the last quarter. Wedmont Private Capital grew its stake in Schwab U.S. Large-Cap Growth ETF by 0.6% during the second quarter. Wedmont Private Capital now owns 66,773 shares of the company’s stock valued at $1,966,000 after acquiring an additional 387 shares in the last quarter. Earned Wealth Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.7% in the 1st quarter. Earned Wealth Advisors LLC now owns 10,943 shares of the company’s stock worth $274,000 after buying an additional 391 shares in the last quarter. Finally, Van Hulzen Asset Management LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.7% in the 1st quarter. Van Hulzen Asset Management LLC now owns 15,419 shares of the company’s stock worth $386,000 after buying an additional 403 shares in the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $32.07 on Thursday. The firm has a 50-day moving average price of $31.40 and a 200-day moving average price of $28.91. The firm has a market capitalization of $50.97 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.63.

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.