Schwab U.S. Large-Cap Growth ETF $SCHG Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 508,041 shares of the company’s stock after purchasing an additional 46,285 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 1.0% of Verdence Capital Advisors LLC’s portfolio, making the stock its 16th largest position. Verdence Capital Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $14,840,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in 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 last quarter. Mather Group LLC. increased its position in Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after purchasing an additional 1,836,380 shares during the last quarter. LPL Financial LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 11.6% during the first 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. increased its position in Schwab U.S. Large-Cap Growth ETF by 7.7% during the first 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. increased its position in Schwab U.S. Large-Cap Growth ETF by 2.3% during the first 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 Stock Performance

Shares of SCHG stock opened at $31.41 on Monday. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $32.63. The company has a 50 day moving average price of $31.12 and a 200 day moving average price of $28.55. The firm has a market capitalization of $50.18 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.