Portus Wealth Advisors LLC Takes $12.55 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Portus Wealth Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 393,146 shares of the company’s stock, valued at approximately $12,545,000. Schwab U.S. Large-Cap Growth ETF accounts for about 12.5% of Portus Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding.

Several other institutional investors have also made changes to their positions in the business. Flagship Wealth Advisors LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 50.5% during 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. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 16.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 367,653 shares of the company’s stock valued at $10,739,000 after purchasing an additional 53,037 shares during the period. Fortis Capital Advisors LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% in the 3rd quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock worth $32,439,000 after buying an additional 17,522 shares in the last quarter. D.B. Root & Company LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after buying an additional 23,865 shares in the last quarter. Finally, Fingerlakes Wealth Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.9% during the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock worth $6,964,000 after buying an additional 23,155 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $30.34 on Wednesday. The business has a 50 day simple moving average of $31.38 and a 200 day simple moving average of $31.95. The company has a market capitalization of $49.66 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year 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.