NewEdge Advisors LLC Has $11.49 Million Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

NewEdge Advisors LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 41.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 394,525 shares of the company’s stock after selling 278,327 shares during the period. NewEdge Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,493,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently 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 fourth quarter valued at approximately $27,000. Advisortrust Partners LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $25,000. Center for Financial Planning Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Manning & Napier Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $49,000.

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

NYSEARCA SCHG opened at $33.24 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42. The firm has a market cap of $58.21 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a fifty day moving average price of $34.03 and a 200-day moving average price of $32.38.

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.