Dravo Bay LLC Grows Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Dravo Bay LLC lifted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,183,401 shares of the company’s stock after acquiring an additional 52,119 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 16.7% of Dravo Bay LLC’s holdings, making the stock its largest position. Dravo Bay LLC owned 0.07% of Schwab U.S. Large-Cap Growth ETF worth $37,762,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SCHG. Flagship Wealth Advisors LLC boosted its stake in 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 acquiring an additional 68,389 shares during the period. J.W. Cole Advisors Inc. lifted its holdings 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 worth $10,739,000 after purchasing an additional 53,037 shares during 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 valued at $32,439,000 after purchasing an additional 17,522 shares during the period. Fingerlakes Wealth Management Inc. grew its stake in 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 last quarter. Finally, D.B. Root & Company LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 10.9% during 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 during the last quarter.

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

SCHG stock opened at $30.43 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The stock has a market capitalization of $49.81 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock’s fifty day moving average is $32.29 and its two-hundred day moving average is $31.88.

Schwab U.S. Large-Cap Growth ETF Company 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.