Capital Wealth Management LLC Acquires 424,983 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Capital Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 394.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 532,783 shares of the company’s stock after buying an additional 424,983 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 4.2% of Capital Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Capital Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,520,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $27,000. Cary Street Partners Investment Advisory LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $49,000. Kingdom Financial Group LLC. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000.

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

Shares of SCHG opened at $33.02 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $35.42. The firm has a market cap of $55.81 billion, a P/E ratio of 34.24 and a beta of 1.19. The firm’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $32.16.

Schwab U.S. Large-Cap Growth ETF Company 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.