Independent Financial Group LLC Invests $12.88 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Independent Financial Group LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 442,282 shares of the company’s stock, valued at approximately $12,884,000.

Several other hedge funds also recently modified their holdings of SCHG. Garton & Associates Financial Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $27,000. Center for Financial Planning Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter worth $28,000. Cary Street Partners Investment Advisory LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares in the last quarter. MBM Wealth Consultants LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter valued at $48,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $49,000.

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

SCHG stock opened at $34.63 on Friday. The stock has a market capitalization of $60.54 billion, a PE ratio of 34.24 and a beta of 1.19. The company’s 50-day moving average is $34.11 and its 200-day moving average is $32.32. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42.

Schwab U.S. Large-Cap Growth ETF Company Profile

(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.

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

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