Kickstand Ventures LLC. Trims Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Kickstand Ventures LLC. lowered its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 14.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 275,869 shares of the company’s stock after selling 46,490 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 1.9% of Kickstand Ventures LLC.’s investment portfolio, making the stock its 15th biggest position. Kickstand Ventures LLC.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $8,803,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Hilltop Holdings Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 11.4% during the third quarter. Hilltop Holdings Inc. now owns 22,552 shares of the company’s stock valued at $720,000 after buying an additional 2,301 shares during the period. Ausdal Financial Partners Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 5.7% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 1,370,264 shares of the company’s stock worth $43,725,000 after acquiring an additional 74,423 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.1% during the 3rd quarter. Bank of America Corp DE now owns 8,392,134 shares of the company’s stock valued at $267,793,000 after acquiring an additional 329,009 shares during the last quarter. Brass Tax Wealth Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 33.2% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 1,057,059 shares of the company’s stock valued at $33,731,000 after acquiring an additional 263,598 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 8.2% during the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock worth $533,385,000 after purchasing an additional 1,261,913 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.1%

SCHG stock opened at $29.91 on Monday. The company’s 50 day moving average is $31.48 and its 200 day moving average is $31.96. The stock has a market cap of $48.96 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-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.