FinDec Wealth Services Inc. Lowers Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

FinDec Wealth Services Inc. lowered its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.2% during the second quarter, Holdings Channel.com reports. The firm owned 453,667 shares of the company’s stock after selling 35,249 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 13.9% of FinDec Wealth Services Inc.’s portfolio, making the stock its 2nd biggest holding. FinDec Wealth Services Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $13,252,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SCHG. Envestnet Asset Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% during the first 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 period. RMG Wealth Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth $142,573,000. HighTower Advisors LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 70.8% during the 1st quarter. HighTower Advisors LLC now owns 7,614,284 shares of the company’s stock worth $190,662,000 after acquiring an additional 3,155,669 shares during the period. Golden Reserve Retirement LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $69,560,000. Finally, LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 11.6% during the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after acquiring an additional 2,554,009 shares during the period.

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

Shares of SCHG opened at $31.41 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $32.63. The business’s fifty day moving average is $31.12 and its 200-day moving average is $28.51. The firm has a market cap of $50.12 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

Schwab U.S. Large-Cap Growth ETF 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.