Tyche Wealth Partners LLC Purchases New Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Tyche Wealth Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 51,584 shares of the company’s stock, valued at approximately $1,646,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 653.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after acquiring an additional 28,455,790 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $511,489,000. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after purchasing an additional 6,979,991 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter valued at about $142,573,000. Finally, Sei Investments Co. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter.

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

Shares of SCHG stock opened at $32.00 on Friday. The company has a market capitalization of $52.37 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74. The company has a 50-day simple moving average of $32.61 and a two-hundred day simple moving average of $31.80.

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. 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.