American Institute for Advanced Investment Management LLP acquired a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 7,600 shares of the company’s stock, valued at approximately $222,000.
Several other institutional investors and hedge funds have also modified their holdings of SCHG. Envestnet Asset Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after purchasing an additional 6,979,991 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter valued at $142,573,000. HighTower Advisors LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 70.8% in the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock worth $190,662,000 after acquiring an additional 3,155,669 shares during the period. Golden Reserve Retirement LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth $69,560,000. Finally, LPL Financial LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after acquiring an additional 2,554,009 shares during the period.
Schwab U.S. Large-Cap Growth ETF Price Performance
Shares of SCHG opened at $33.38 on Friday. The company has a market capitalization of $53.14 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $33.74. The company’s fifty day moving average price is $31.77 and its 200 day moving average price is $29.44.
About Schwab U.S. Large-Cap Growth ETF
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.
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