Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 1-Year High Following Dividend Announcement

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) reached a new 52-week high on Friday following a dividend announcement from the company. The stock traded as high as $91.01 and last traded at $90.79, with a volume of 163053 shares changing hands. The stock had previously closed at $90.49.

The newly announced dividend which will be paid on Tuesday, December 17th. Shareholders of record on Friday, December 13th will be issued a $0.1956 dividend. This represents a $0.78 annualized dividend and a yield of 0.86%. This is a positive change from Schwab U.S. Large-Cap Growth ETF’s previous quarterly dividend of $0.16. The ex-dividend date is Thursday, December 12th.

The business’s 50-day simple moving average is $88.64 and its two-hundred day simple moving average is $84.80.

Institutional investors have recently modified their holdings of the business. Financial Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.4% during the 3rd quarter. Financial Advisors LLC now owns 8,660 shares of the company’s stock worth $728,000 after purchasing an additional 116 shares during the last quarter. Edge Wealth Management LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.1% during the 3rd quarter. Edge Wealth Management LLC now owns 12,333 shares of the company’s stock worth $1,036,000 after purchasing an additional 130 shares during the last quarter. SignalPoint Asset Management LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.0% during the 3rd quarter. SignalPoint Asset Management LLC now owns 3,394 shares of the company’s stock worth $285,000 after purchasing an additional 131 shares during the last quarter. Leicht Financial Planning & Wealth Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.6% during the 2nd quarter. Leicht Financial Planning & Wealth Management Inc. now owns 22,763 shares of the company’s stock worth $1,894,000 after purchasing an additional 137 shares during the last quarter. Finally, Total Investment Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.2% during the 3rd quarter. Total Investment Management Inc. now owns 11,888 shares of the company’s stock worth $999,000 after purchasing an additional 142 shares during the last quarter.

About Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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.

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