Sax Wealth Advisors LLC Raises Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Sax Wealth Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 404.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,986 shares of the company’s stock after acquiring an additional 104,227 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,399,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% in the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock valued at $1,385,562,000 after purchasing an additional 3,356,829 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after purchasing an additional 3,230,427 shares during the period. LPL Financial LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after purchasing an additional 2,464,714 shares in the last quarter. Mariner LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 12.5% during the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Schwab U.S. Large-Cap Growth ETF by 5.9% in the first quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock valued at $523,048,000 after buying an additional 995,373 shares during the period.

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

NYSEARCA SCHG opened at $35.78 on Friday. The firm has a market capitalization of $62.78 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.96 and a one year high of $35.91. The company’s 50 day moving average price is $34.09 and its 200 day moving average price is $32.50.

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.