Gemmer Asset Management LLC Buys 6,378 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Gemmer Asset Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 0.3% during the 2nd quarter, Holdings Channel reports. The firm owned 1,834,662 shares of the company’s stock after purchasing an additional 6,378 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up approximately 4.8% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 4th largest position. Gemmer Asset Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $53,590,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Kickstand Ventures LLC. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 69.7% in the second quarter. Kickstand Ventures LLC. now owns 322,359 shares of the company’s stock valued at $9,416,000 after purchasing an additional 132,386 shares during the period. Simplicity Wealth LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,083.5% in the second quarter. Simplicity Wealth LLC now owns 465,870 shares of the company’s stock valued at $13,608,000 after purchasing an additional 426,507 shares during the period. Highland Capital Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter valued at about $204,000. Wealthcare Advisory Partners LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 677,934 shares of the company’s stock valued at $19,802,000 after purchasing an additional 76,051 shares during the period. Finally, Ergawealth Advisors Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 61.9% in the second quarter. Ergawealth Advisors Inc. now owns 26,380 shares of the company’s stock valued at $771,000 after purchasing an additional 10,085 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.3%

Shares of NYSEARCA SCHG opened at $32.09 on Friday. The company’s 50-day simple moving average is $30.91 and its 200-day simple moving average is $28.31. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $32.28. The firm has a market cap of $51.02 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

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.