Nvest Wealth Strategies Inc. Buys New Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Nvest Wealth Strategies Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 587,604 shares of the company’s stock, valued at approximately $19,168,000. Schwab U.S. Large-Cap Growth ETF accounts for about 14.1% of Nvest Wealth Strategies Inc.’s holdings, making the stock its 2nd biggest position.

Other hedge funds also recently made changes to their positions in the company. Crews Bank & Trust purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $25,000. Westfuller Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at approximately $26,000. REAP Financial Group LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $28,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $31,000. Finally, Howe & Rusling Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 37.7% in the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock worth $39,000 after acquiring an additional 332 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $32.65 on Thursday. The stock’s 50-day moving average is $30.46 and its 200-day moving average is $31.74. The company has a market cap of $53.98 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $24.30 and a 12 month high of $33.74.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.