Hidden Cove Wealth Management LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,293 shares of the company’s stock after buying an additional 1,340 shares during the period. Hidden Cove Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $710,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of SCHG. Envestnet Asset Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after purchasing an additional 5,775,232 shares during the last quarter. Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the 1st quarter. Mather Group LLC. now owns 40,450,598 shares of the company’s stock worth $1,012,883,000 after purchasing an additional 1,254,652 shares during the last quarter. LPL Financial LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after purchasing an additional 2,554,009 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% in the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock worth $387,608,000 after purchasing an additional 1,106,110 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after purchasing an additional 332,496 shares during the last quarter.
Schwab U.S. Large-Cap Growth ETF Price Performance
SCHG opened at $32.19 on Tuesday. The stock has a 50-day moving average price of $30.54 and a 200-day moving average price of $27.92. The firm has a market cap of $49.37 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $32.22.
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.
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