Independent Solutions Wealth Management LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 298,095 shares of the company’s stock after purchasing an additional 5,369 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 1.7% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Independent Solutions Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $8,707,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Y.D. More Investments Ltd raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 62.8% in the first quarter. Y.D. More Investments Ltd now owns 1,420 shares of the company’s stock worth $36,000 after buying an additional 548 shares during the period. Luminist Capital LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $38,000. GAMMA Investing LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after buying an additional 1,635 shares during the period. MTM Investment Management LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $45,000. Finally, Copia Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $48,000.
Schwab U.S. Large-Cap Growth ETF Stock Up 0.8%
NYSEARCA SCHG opened at $32.34 on Tuesday. The stock’s 50-day moving average price is $30.95 and its 200-day moving average price is $28.38. The company has a market capitalization of $51.45 billion, a P/E ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $32.41.
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.
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