Truist Financial Corp Increases Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Truist Financial Corp boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,215,099 shares of the company’s stock after purchasing an additional 135,969 shares during the period. Truist Financial Corp owned about 0.20% of Schwab U.S. Large-Cap Growth ETF worth $102,594,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SCHG. Flagship Wealth Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 50.5% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after buying an additional 68,389 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 16.9% during the second quarter. J.W. Cole Advisors Inc. now owns 367,653 shares of the company’s stock worth $10,739,000 after acquiring an additional 53,037 shares during the period. Fingerlakes Wealth Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 11.9% in the third quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock worth $6,964,000 after acquiring an additional 23,155 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 39.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 107,976 shares of the company’s stock valued at $3,154,000 after acquiring an additional 30,468 shares during the last quarter. Finally, Rovin Capital UT ADV lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 28.3% in the 2nd quarter. Rovin Capital UT ADV now owns 654,286 shares of the company’s stock valued at $19,112,000 after acquiring an additional 144,366 shares during the last quarter.

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

Shares of SCHG opened at $32.49 on Thursday. The firm’s 50 day moving average is $32.57 and its 200-day moving average is $31.78. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The stock has a market capitalization of $53.16 billion, a P/E ratio of 34.24 and a beta of 1.15.

Schwab U.S. Large-Cap Growth ETF Company 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.