Integrated Wealth Concepts LLC Has $47.86 Million Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Integrated Wealth Concepts LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 349.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,717,408 shares of the company’s stock after buying an additional 1,335,028 shares during the period. Integrated Wealth Concepts LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $47,864,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Valley Wealth Managers Inc. boosted 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 valued at $25,000 after acquiring an additional 678 shares in the last quarter. HM Payson & Co. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock valued at $26,000 after purchasing an additional 708 shares in the last quarter. Fairfield Financial Advisors LTD boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 299.6% during the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock valued at $28,000 after purchasing an additional 743 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares during the period. Finally, Human Investing LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $29,000.

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

Shares of SCHG stock opened at $24.22 on Thursday. The stock’s fifty day simple moving average is $25.48 and its 200 day simple moving average is $26.99. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $29.14. The firm has a market cap of $34.15 billion, a price-to-earnings ratio of 32.77 and a beta of 1.17.

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

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid 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.