Schwab U.S. Large-Cap Growth ETF $SCHG is Paces Ferry Wealth Advisors LLC’s Largest Position

Paces Ferry Wealth Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 684,526 shares of the company’s stock after buying an additional 43,131 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 8.3% of Paces Ferry Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. Paces Ferry Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $19,940,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SCHG. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 9.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after acquiring an additional 3,230,427 shares during the period. LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 7.8% in the fourth quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after purchasing an additional 2,464,714 shares during the period. Mariner LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 12.5% in the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares during the period. Vantagepoint Investment Advisers LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 6.5% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock worth $556,742,000 after purchasing an additional 1,038,388 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 10.2% during the fourth quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock worth $553,244,000 after purchasing an additional 1,572,946 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.3%

Shares of SCHG opened at $34.18 on Friday. The firm has a market capitalization of $59.80 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The firm has a fifty day moving average price of $34.11 and a 200-day moving average price of $32.33.

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.