Legacy Wealth Managment LLC ID Makes New $6.23 Million Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Legacy Wealth Managment LLC ID bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 184,085 shares of the company’s stock, valued at approximately $6,229,000. Schwab U.S. Large-Cap Growth ETF comprises about 2.8% of Legacy Wealth Managment LLC ID’s investment portfolio, making the stock its 5th biggest holding.

A number of other large investors also recently made changes to their positions in SCHG. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $27,000. Advisortrust Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $25,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in 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 valued at $35,000 after buying an additional 1,019 shares during the period. Finally, Orion Capital Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the second quarter worth about $48,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.5%

Shares of SCHG opened at $35.84 on Friday. The stock has a market cap of $62.88 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $36.11. The stock’s 50-day moving average price is $34.74 and its two-hundred day moving average price is $33.03.

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.