Robertson Stephens Wealth Management LLC Reduces Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Robertson Stephens Wealth Management LLC trimmed its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 17.3% during the first quarter, Holdings Channel.com reports. The firm owned 513,572 shares of the company’s stock after selling 107,750 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $12,860,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHG. HighMark Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 300.2% in the fourth quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock valued at $57,000 after purchasing an additional 1,534 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 758.6% during the 4th quarter. Jones Financial Companies Lllp now owns 301,293 shares of the company’s stock valued at $8,397,000 after acquiring an additional 266,200 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Franklin Resources Inc. now owns 7,968 shares of the company’s stock valued at $222,000 after acquiring an additional 5,976 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 290.7% during the 4th quarter. Natixis Advisors LLC now owns 69,446 shares of the company’s stock worth $1,935,000 after acquiring an additional 51,673 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 297.6% in the fourth quarter. Russell Investments Group Ltd. now owns 24,037 shares of the company’s stock worth $670,000 after acquiring an additional 17,992 shares during the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $28.24 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $29.14. The firm has a 50 day moving average price of $26.33 and a 200 day moving average price of $27.03. The company has a market cap of $42.36 billion, a price-to-earnings ratio of 32.34 and a beta of 1.16.

Schwab U.S. Large-Cap Growth ETF Company 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.