US Bancorp DE Sells 50,338 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

US Bancorp DE reduced its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 691,028 shares of the company’s stock after selling 50,338 shares during the quarter. US Bancorp DE’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $20,185,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in 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 valued at $1,208,444,000 after acquiring an additional 5,775,232 shares in the last quarter. Mather Group LLC. lifted its position in Schwab U.S. Large-Cap Growth ETF by 4.5% during the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares in the last quarter. LPL Financial LLC lifted its position 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 buying an additional 2,554,009 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 7.7% during the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock worth $387,608,000 after buying an additional 1,106,110 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.3% during the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after buying an additional 332,496 shares in the last quarter.

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

Shares of NYSEARCA:SCHG opened at $31.41 on Friday. The company’s 50-day moving average price is $31.12 and its two-hundred day moving average price is $28.51. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $32.63. The stock has a market capitalization of $50.12 billion, a PE 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.