Smithbridge Asset Management Inc. DE Buys 467,936 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Smithbridge Asset Management Inc. DE boosted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 98.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 944,778 shares of the company’s stock after buying an additional 467,936 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 2.6% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 8th largest holding. Smithbridge Asset Management Inc. DE owned 0.06% of Schwab U.S. Large-Cap Growth ETF worth $30,819,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bessemer Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at about $31,000. Cary Street Partners Investment Advisory LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after buying an additional 1,019 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $49,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $49,000. Finally, REAP Financial Group LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 70.8% in the 4th quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock valued at $50,000 after purchasing an additional 630 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.0%

NYSEARCA SCHG opened at $32.87 on Thursday. The company has a market capitalization of $55.56 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.68 and a 12-month high of $35.42. The firm has a 50-day moving average price of $32.93 and a two-hundred day moving average price of $32.09.

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.