Royal Bank of Canada Has $82.98 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Royal Bank of Canada increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 0.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,848,539 shares of the company’s stock after acquiring an additional 16,795 shares during the quarter. Royal Bank of Canada owned about 0.17% of Schwab U.S. Large-Cap Growth ETF worth $82,977,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHG. Sei Investments Co. grew its position in Schwab U.S. Large-Cap Growth ETF by 7.6% in the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after purchasing an additional 3,356,829 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after buying an additional 3,230,427 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.8% in the fourth quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after buying an additional 2,464,714 shares during the period. Mariner LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.5% in the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock valued at $654,968,000 after buying an additional 2,229,203 shares during the period. Finally, Cetera Investment Advisers grew its position in Schwab U.S. Large-Cap Growth ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock worth $523,048,000 after buying an additional 995,373 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.1%

Shares of SCHG opened at $34.17 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The firm has a market capitalization of $59.84 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The stock’s 50-day moving average price is $34.02 and its 200 day moving average price is $32.40.

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.