17,337 Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Martel Wealth Advisors LLC

Martel Wealth Advisors LLC lowered its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 430,698 shares of the company’s stock after selling 17,337 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 2.4% of Martel Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Martel Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisortrust Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $25,000. Center for Financial Planning Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $28,000. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $28,000. NI Acquisitions Company LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $35,000. Finally, MBM Wealth Consultants LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter valued at $48,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.9%

Shares of SCHG stock opened at $35.91 on Thursday. The firm has a market capitalization of $64.19 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.96 and a twelve month high of $37.10. The stock’s fifty day simple moving average is $35.75 and its 200 day simple moving average is $34.15.

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.