Members Advisory Group LLC trimmed its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 76.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 142,824 shares of the company’s stock after selling 469,378 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 1.4% of Members Advisory Group LLC’s investment portfolio, making the stock its 20th biggest position. Members Advisory Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,160,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of SCHG. Garton & Associates Financial Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at approximately $27,000. Center for Financial Planning Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth $48,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at $49,000.
Schwab U.S. Large-Cap Growth ETF Price Performance
SCHG opened at $34.90 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The stock has a market capitalization of $61.01 billion, a PE ratio of 34.24 and a beta of 1.19. The firm’s fifty day moving average price is $34.10 and its 200 day moving average price is $32.31.
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. 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.
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