Foster Victor Wealth Advisors LLC Raises Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Foster Victor Wealth Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 111.9% in the third quarter, HoldingsChannel reports. The firm owned 224,684 shares of the company’s stock after buying an additional 118,630 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,210,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SCHG. Charles Schwab Investment Management Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after buying an additional 6,979,991 shares during the period. RMG Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the second quarter worth approximately $142,573,000. Sei Investments Co. boosted its position in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after acquiring an additional 4,524,057 shares during the last quarter. Finally, Mather Group LLC. grew its stake in Schwab U.S. Large-Cap Growth ETF by 4.5% in the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after acquiring an additional 1,836,380 shares during the period.

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

Shares of SCHG opened at $32.63 on Friday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The company has a market capitalization of $53.02 billion, a PE ratio of 34.24 and a beta of 1.15. The stock has a fifty day moving average of $32.53 and a two-hundred day moving average of $30.99.

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. 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.