Western Wealth Management LLC Buys 203,564 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Western Wealth Management LLC raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 396.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 254,923 shares of the company’s stock after buying an additional 203,564 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,426,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $27,000. Advisortrust Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $25,000. Center for Financial Planning Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after acquiring an additional 1,019 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.7%

Shares of SCHG opened at $33.79 on Friday. The company has a market cap of $59.17 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $35.42. The company has a 50 day moving average of $34.02 and a two-hundred day moving average of $32.39.

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.