Wealth Advisory Team LLC Invests $592,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Wealth Advisory Team LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 18,134 shares of the company’s stock, valued at approximately $592,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 0.5% of Wealth Advisory Team LLC’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds have also modified their holdings of the company. Westfuller Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $26,000. REAP Financial Group LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $28,000. Bessemer Group Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $31,000. Howe & Rusling Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% during the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock worth $39,000 after acquiring an additional 332 shares in the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.1%

SCHG stock opened at $34.69 on Friday. The company’s 50-day simple moving average is $31.25 and its 200-day simple moving average is $31.87. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $26.80 and a 52-week high of $34.74. The firm has a market cap of $58.63 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.