Vestwell Advisors LLC Acquires Shares of 1,166,941 Schwab U.S. Large-Cap Growth ETF $SCHG

Vestwell Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 1,166,941 shares of the company’s stock, valued at approximately $34,086,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 14.1% of Vestwell Advisors LLC’s portfolio, making the stock its 4th biggest holding.

Several other hedge funds also recently made changes to their positions in the company. Summit Financial Wealth Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.5% during the 2nd quarter. Summit Financial Wealth Advisors LLC now owns 97,800 shares of the company’s stock valued at $2,857,000 after buying an additional 2,395 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 688.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 327,066 shares of the company’s stock valued at $9,246,000 after acquiring an additional 285,576 shares during the period. NWF Advisory Services Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 4.1% during the second quarter. NWF Advisory Services Inc. now owns 34,397 shares of the company’s stock worth $1,005,000 after acquiring an additional 1,339 shares in the last quarter. SevenBridge Financial Group LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 12.7% during the second quarter. SevenBridge Financial Group LLC now owns 41,898 shares of the company’s stock worth $1,286,000 after acquiring an additional 4,737 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 6.7% in the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock worth $549,441,000 after purchasing an additional 1,175,660 shares during the period.

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

Shares of NYSEARCA SCHG opened at $32.50 on Monday. The company has a 50 day simple moving average of $32.52 and a two-hundred day simple moving average of $30.85. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The company has a market capitalization of $52.81 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

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.