Smithbridge Asset Management Inc. DE Sells 419,742 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Smithbridge Asset Management Inc. DE reduced its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 44.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 525,036 shares of the company’s stock after selling 419,742 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 2.3% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 11th largest position. Smithbridge Asset Management Inc. DE’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $27,000. 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 period. MBM Wealth Consultants LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth $48,000. Manning & Napier Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at $49,000. Finally, Kingdom Financial Group LLC. bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.8%

Shares of SCHG opened at $34.11 on Thursday. The stock has a market capitalization of $59.50 billion, a P/E ratio of 34.24 and a beta of 1.19. The firm has a fifty day simple moving average of $33.79 and a two-hundred day simple moving average of $32.18. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $35.42.

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.