Merit Financial Group LLC Sells 102,376 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Merit Financial Group LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,731,654 shares of the company’s stock after selling 102,376 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $56,487,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SCHG. Brighton Jones LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% during the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after buying an additional 9,139 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 294.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after acquiring an additional 359,429 shares in the last quarter. AQR Capital Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 19.6% in the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after acquiring an additional 21,234 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% during the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after acquiring an additional 385,822 shares during the period. Finally, First Trust Advisors LP purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth approximately $248,000.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $32.13 on Friday. The company has a market capitalization of $52.98 billion, a PE ratio of 34.24 and a beta of 1.19. The company has a 50 day moving average price of $30.36 and a 200-day moving average price of $31.72. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $22.74 and a fifty-two week high of $33.74.

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.