Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Sachetta LLC

Sachetta LLC decreased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 61,246 shares of the company’s stock after selling 1,188 shares during the quarter. Sachetta LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,789,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SCHG. Envestnet Asset Management Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock valued at $1,208,444,000 after acquiring an additional 5,775,232 shares during the last quarter. Mather Group LLC. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% in the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock valued at $1,235,203,000 after purchasing an additional 1,836,380 shares during the period. LPL Financial LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after purchasing an additional 2,554,009 shares during the period. Ameriprise Financial Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 7.7% in the first quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock valued at $387,608,000 after purchasing an additional 1,106,110 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.3% during the first quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after buying an additional 332,496 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.8%

Shares of NYSEARCA:SCHG opened at $32.34 on Tuesday. The firm has a market cap of $51.45 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. The stock’s 50-day moving average price is $30.95 and its two-hundred day moving average price is $28.38. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.41.

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.