Smithbridge Asset Management Inc. DE Buys New Shares in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Smithbridge Asset Management Inc. DE bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 427,447 shares of the company’s stock, valued at approximately $10,703,000. Schwab U.S. Large-Cap Growth ETF makes up 2.0% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 288.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock worth $1,184,066,000 after purchasing an additional 31,546,654 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% in the fourth quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock worth $1,063,494,000 after buying an additional 28,602,115 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock worth $1,108,907,000 after buying an additional 28,538,409 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 413.7% in the fourth quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock worth $614,622,000 after buying an additional 17,759,913 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth $403,827,000.

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

Shares of SCHG stock opened at $28.27 on Friday. The stock has a market cap of $42.41 billion, a P/E ratio of 32.34 and a beta of 1.16. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $29.14. The company’s fifty day simple moving average is $26.09 and its two-hundred day simple moving average is $27.03.

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.