Smithbridge Asset Management Inc. DE raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 98.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 944,778 shares of the company’s stock after purchasing an additional 467,936 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 2.6% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 8th biggest holding. Smithbridge Asset Management Inc. DE’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $30,819,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of SCHG. Foundations Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after acquiring an additional 47,368 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $635,000. Compound Planning Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 16.2% during the 3rd quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock worth $67,914,000 after purchasing an additional 296,519 shares in the last quarter. Charles Schwab Trust Co increased its position in Schwab U.S. Large-Cap Growth ETF by 1.8% during the 4th quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock worth $57,190,000 after purchasing an additional 30,853 shares in the last quarter. Finally, Simplicity Wealth LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 13.8% during the 4th quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock worth $11,176,000 after purchasing an additional 41,469 shares in the last quarter.
Schwab U.S. Large-Cap Growth ETF Price Performance
SCHG stock opened at $32.87 on Thursday. The company has a 50 day simple moving average of $32.93 and a 200 day simple moving average of $32.09. The stock has a market cap of $55.56 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.68 and a 1 year high of $35.42.
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. 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.
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