Schwab U.S. Large-Cap Growth ETF $SCHG Stock Position Lessened by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lessened its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,012,395 shares of the company’s stock after selling 48,325 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 1.6% of Kingswood Wealth Advisors LLC’s portfolio, making the stock its 8th largest holding. Kingswood Wealth Advisors LLC owned approximately 0.06% of Schwab U.S. Large-Cap Growth ETF worth $33,024,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SCHG. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $511,489,000. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% in the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after purchasing an additional 6,651,144 shares in the last quarter. Lido Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 376.8% during the third quarter. Lido Advisors LLC now owns 2,476,025 shares of the company’s stock valued at $79,010,000 after buying an additional 1,956,695 shares during the period. BIP Wealth LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5,268.4% during the fourth quarter. BIP Wealth LLC now owns 1,779,503 shares of the company’s stock valued at $58,047,000 after buying an additional 1,746,355 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 22.3% during the second quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after buying an additional 1,578,072 shares during the period.

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

Shares of SCHG opened at $32.33 on Wednesday. The company has a market capitalization of $53.31 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company’s 50 day simple moving average is $30.43 and its 200 day simple moving average is $31.73. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $23.23 and a 1 year high of $33.74.

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