Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC decreased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 827,665 shares of the company’s stock after selling 26,259 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.0% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Meridian Wealth Management LLC owned 0.05% of Schwab U.S. Large-Cap Growth ETF worth $26,411,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHG. Flagship Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 50.5% in the third quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock valued at $6,501,000 after purchasing an additional 68,389 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 16.9% during the second quarter. J.W. Cole Advisors Inc. now owns 367,653 shares of the company’s stock valued at $10,739,000 after buying an additional 53,037 shares during the period. Fingerlakes Wealth Management Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 11.9% in the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock worth $6,964,000 after acquiring an additional 23,155 shares in the last quarter. Fortis Capital Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 1.8% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock worth $32,439,000 after acquiring an additional 17,522 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in Schwab U.S. Large-Cap Growth ETF by 39.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 107,976 shares of the company’s stock worth $3,154,000 after acquiring an additional 30,468 shares during the period.

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

Shares of SCHG opened at $32.00 on Friday. The business’s 50-day moving average is $32.61 and its 200-day moving average is $31.81. The company has a market capitalization of $52.37 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. 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.

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.