Schwab U.S. Large-Cap Growth ETF $SCHG Shares Bought by McAdam LLC

McAdam LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.0% in the third quarter, Holdings Channel.com reports. The fund owned 7,014,190 shares of the company’s stock after purchasing an additional 207,119 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 11.0% of McAdam LLC’s portfolio, making the stock its 3rd largest position. McAdam LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $223,823,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHG. Crews Bank & Trust bought a new position in Schwab U.S. Large-Cap Growth ETF during the third quarter worth about $25,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth approximately $26,000. Atlantic Union Bankshares Corp acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth approximately $29,000. Key Financial Inc lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 148.6% during the 2nd quarter. Key Financial Inc now owns 1,233 shares of the company’s stock worth $36,000 after buying an additional 737 shares during the period. Finally, Creekmur Asset Management LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 200.3% in the 2nd quarter. Creekmur Asset Management LLC now owns 1,811 shares of the company’s stock valued at $53,000 after buying an additional 1,208 shares in the last quarter.

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

Shares of NYSEARCA:SCHG opened at $31.59 on Wednesday. The business’s fifty day moving average price is $32.55 and its two-hundred day moving average price is $31.67. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The stock has a market capitalization of $51.70 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

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. 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.