Schwab U.S. Large-Cap Growth ETF $SCHG Stock Holdings Lessened by Novem Group

Novem Group lowered its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,130,575 shares of the company’s stock after selling 98,998 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises about 4.2% of Novem Group’s holdings, making the stock its largest position. Novem Group owned approximately 0.07% of Schwab U.S. Large-Cap Growth ETF worth $36,879,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 12.0% in the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after purchasing an additional 6,651,144 shares during the period. Vantagepoint Investment Advisers LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 6.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after purchasing an additional 1,038,388 shares during the period. Ameriprise Financial Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock valued at $533,385,000 after purchasing an additional 1,261,913 shares during the period. Raymond James Financial Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock valued at $447,410,000 after purchasing an additional 494,865 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Schwab U.S. Large-Cap Growth ETF by 9.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,027,556 shares of the company’s stock valued at $319,979,000 after purchasing an additional 840,550 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.2%

Shares of NYSEARCA:SCHG opened at $32.54 on Tuesday. The company has a 50-day moving average price of $30.41 and a 200 day moving average price of $31.73. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $22.74 and a 52 week high of $33.74. The company has a market cap of $53.66 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.