N.E.W. Advisory Services LLC Increases Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

N.E.W. Advisory Services LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 84.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,397 shares of the company’s stock after buying an additional 49,220 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,427,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHG. Envestnet Asset Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after acquiring an additional 6,979,991 shares during the last quarter. Sei Investments Co. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% during the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after purchasing an additional 1,836,380 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after buying an additional 28,455,790 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 6.7% in the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after buying an additional 1,175,660 shares in the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $32.91 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The company has a market capitalization of $53.53 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock has a fifty day moving average of $32.61 and a two-hundred day moving average of $31.54.

About Schwab U.S. Large-Cap Growth ETF

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.