American Money Management LLC Has $311,000 Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

American Money Management LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,171 shares of the company’s stock after purchasing an additional 8,381 shares during the period. American Money Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $311,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. McCarthy Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.4% during the 3rd quarter. McCarthy Asset Management Inc. now owns 96,479 shares of the company’s stock worth $10,051,000 after acquiring an additional 410 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at approximately $56,000. Resurgent Financial Advisors LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 8.9% during the third quarter. Resurgent Financial Advisors LLC now owns 7,088 shares of the company’s stock worth $738,000 after purchasing an additional 579 shares during the last quarter. Denver PWM LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% in the 3rd quarter. Denver PWM LLC now owns 228,950 shares of the company’s stock valued at $23,852,000 after purchasing an additional 672 shares in the last quarter. Finally, Valley Wealth Managers Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after purchasing an additional 678 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.6 %

Shares of SCHG stock opened at $25.02 on Friday. The business has a fifty day simple moving average of $27.34 and a 200 day simple moving average of $27.26. The company has a market cap of $34.53 billion, a P/E ratio of 31.74 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month high of $29.14.

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

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a $0.0272 dividend. The ex-dividend date of this dividend is Wednesday, March 26th.

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.