Paradigm Strategies in Wealth Management LLC trimmed its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 10.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 578,342 shares of the company’s stock after selling 70,856 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 13.9% of Paradigm Strategies in Wealth Management LLC’s investment portfolio, making the stock its largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $20,780,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in SCHG. Mather Group LLC. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $353,939,000. RMG Wealth Management LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 228,621.0% in the 1st quarter. RMG Wealth Management LLC now owns 5,413,826 shares of the company’s stock worth $157,705,000 after acquiring an additional 5,411,459 shares during the period. Sei Investments Co. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% in the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after acquiring an additional 3,356,829 shares during the period. TSG Advice Partners LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter worth about $47,522,000. Finally, Bank of America Corp DE lifted its position in Schwab U.S. Large-Cap Growth ETF by 17.1% in the 1st quarter. Bank of America Corp DE now owns 10,007,876 shares of the company’s stock valued at $291,529,000 after purchasing an additional 1,461,332 shares during the last quarter.
Schwab U.S. Large-Cap Growth ETF Trading Down 2.0%
NYSEARCA:SCHG traded down $0.72 during mid-day trading on Friday, hitting $35.21. The stock had a trading volume of 8,929,295 shares, compared to its average volume of 12,215,614. The stock has a market capitalization of $62.98 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a 50 day simple moving average of $35.75 and a 200-day simple moving average of $34.21. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $37.10.
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.
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