Platt Wealth Management LLC Invests $941,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Platt Wealth Management LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,876 shares of the company’s stock, valued at approximately $941,000. Schwab U.S. Large-Cap Growth ETF accounts for approximately 0.9% of Platt Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds have also recently modified their holdings of SCHG. Westfuller Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $26,000. REAP Financial Group LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $28,000. Bessemer Group Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $31,000. Howe & Rusling Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% in the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock worth $39,000 after purchasing an additional 332 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $49,000.

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

Shares of SCHG opened at $34.37 on Friday. The company has a 50 day moving average price of $31.66 and a 200-day moving average price of $31.91. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $26.80 and a fifty-two week high of $34.74. The stock has a market capitalization of $58.09 billion, a PE ratio of 34.24 and a beta of 1.19.

About Schwab U.S. Large-Cap Growth ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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