Townsend Asset Management Corp NC ADV Has $3.90 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Townsend Asset Management Corp NC ADV increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 296.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 140,017 shares of the company’s stock after purchasing an additional 104,692 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 1.4% of Townsend Asset Management Corp NC ADV’s holdings, making the stock its 18th biggest position. Townsend Asset Management Corp NC ADV’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,902,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Beacon Financial Advisory LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 38.5% during the third quarter. Beacon Financial Advisory LLC now owns 2,932 shares of the company’s stock worth $305,000 after acquiring an additional 815 shares during the period. Maia Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 254.3% in the 3rd quarter. Maia Wealth LLC now owns 15,104 shares of the company’s stock valued at $1,574,000 after purchasing an additional 10,841 shares during the period. Schaeffer Financial LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.5% in the 3rd quarter. Schaeffer Financial LLC now owns 117,935 shares of the company’s stock valued at $12,286,000 after purchasing an additional 530 shares during the period. Family Asset Management LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.3% in the third quarter. Family Asset Management LLC now owns 186,741 shares of the company’s stock valued at $19,455,000 after purchasing an additional 2,461 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 217.3% during the third quarter. Concurrent Investment Advisors LLC now owns 36,777 shares of the company’s stock worth $3,831,000 after buying an additional 25,188 shares during the period.

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

NYSEARCA:SCHG opened at $26.82 on Thursday. The stock has a 50-day simple moving average of $28.19 and a 200 day simple moving average of $27.19. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.68 and a 52-week high of $29.14. The company has a market cap of $37.01 billion, a PE ratio of 36.44 and a beta of 1.11.

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.