Topel & Distasi Wealth Management LLC Trims Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Topel & Distasi Wealth Management LLC lowered its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 71.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,223 shares of the company’s stock after selling 143,797 shares during the period. Topel & Distasi Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,433,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 13.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock valued at $1,208,444,000 after buying an additional 5,775,232 shares in the last quarter. Mather Group LLC. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the first quarter. Mather Group LLC. now owns 40,450,598 shares of the company’s stock valued at $1,012,883,000 after acquiring an additional 1,254,652 shares during the period. LPL Financial LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 11.6% during the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after acquiring an additional 2,554,009 shares in the last quarter. Mariner LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.3% during the fourth quarter. Mariner LLC now owns 17,176,803 shares of the company’s stock valued at $478,719,000 after acquiring an additional 12,885,571 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 330.5% during the 4th quarter. Ameriprise Financial Inc. now owns 14,371,770 shares of the company’s stock worth $400,440,000 after acquiring an additional 11,033,411 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $30.11 on Tuesday. The firm has a fifty day moving average price of $28.83 and a two-hundred day moving average price of $27.25. The company has a market cap of $45.94 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $30.75.

Schwab U.S. Large-Cap Growth ETF Company 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.