Total Investment Management Inc. Reduces Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Total Investment Management Inc. decreased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 33.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,038 shares of the company’s stock after selling 3,099 shares during the period. Total Investment Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $501,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. DAVENPORT & Co LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 1.3% during the 3rd quarter. DAVENPORT & Co LLC now owns 22,429 shares of the company’s stock valued at $1,631,000 after acquiring an additional 283 shares in the last quarter. Advisory Alpha LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5.0% during the 3rd quarter. Advisory Alpha LLC now owns 28,326 shares of the company’s stock worth $2,060,000 after purchasing an additional 1,338 shares in the last quarter. Secure Asset Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $288,000. Provident Wealth Management LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 0.9% in the 3rd quarter. Provident Wealth Management LLC now owns 250,981 shares of the company’s stock valued at $18,251,000 after buying an additional 2,209 shares in the last quarter. Finally, Simplicity Solutions LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 7.1% during the 3rd quarter. Simplicity Solutions LLC now owns 297,863 shares of the company’s stock valued at $21,661,000 after buying an additional 19,823 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.9 %

Shares of NYSEARCA:SCHG opened at $90.58 on Friday. The company has a market capitalization of $26.34 billion, a P/E ratio of 41.12 and a beta of 1.25. The stock’s fifty day simple moving average is $91.15 and its 200-day simple moving average is $84.48. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $64.60 and a 52-week high of $93.84.

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.