Pacific Capital Wealth Advisors Inc. Takes Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Pacific Capital Wealth Advisors Inc. purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 92,201 shares of the company’s stock, valued at approximately $2,692,000. Schwab U.S. Large-Cap Growth ETF comprises about 0.5% of Pacific Capital Wealth Advisors Inc.’s holdings, making the stock its 20th biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 13.6% in the first quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after acquiring an additional 5,775,232 shares during the period. Mather Group LLC. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% during the 1st quarter. Mather Group LLC. now owns 40,450,598 shares of the company’s stock valued at $1,012,883,000 after acquiring an additional 1,254,652 shares during the period. LPL Financial LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% during the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after purchasing an additional 2,554,009 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% during the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock worth $387,608,000 after purchasing an additional 1,106,110 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after purchasing an additional 332,496 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.9%

Schwab U.S. Large-Cap Growth ETF stock opened at $31.71 on Tuesday. The business’s 50 day simple moving average is $30.30 and its 200 day simple moving average is $27.73. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $31.73. The company has a market cap of $48.63 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

About Schwab U.S. Large-Cap Growth ETF

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.