Quadcap Wealth Management LLC Makes New $1.69 Million Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Quadcap Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,749 shares of the company’s stock, valued at approximately $1,693,000.

Several other hedge funds have also recently modified their holdings of SCHG. Valley Wealth Managers Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after purchasing an additional 678 shares during the last quarter. HM Payson & Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after purchasing an additional 708 shares during the last quarter. Fairfield Financial Advisors LTD raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 299.6% during the 4th quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after purchasing an additional 743 shares during the last quarter. WealthCollab LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. WealthCollab LLC now owns 1,000 shares of the company’s stock worth $28,000 after purchasing an additional 750 shares during the last quarter. Finally, Human Investing LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $29,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.7%

SCHG opened at $27.59 on Thursday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $29.14. The company has a 50-day moving average price of $25.02 and a 200 day moving average price of $26.95. The company has a market cap of $40.83 billion, a PE ratio of 32.34 and a beta of 1.17.

Schwab U.S. Large-Cap Growth ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.0272 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.