Compass Financial Management LLC Invests $4.46 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Compass Financial Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 127,310 shares of the company’s stock, valued at approximately $4,463,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sei Investments Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% in the first quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock valued at $1,385,562,000 after purchasing an additional 3,356,829 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 9.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after buying an additional 3,230,427 shares during the period. LPL Financial LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after buying an additional 2,464,714 shares during the period. Mariner LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 12.5% in the 4th 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 in the last quarter. Finally, Cetera Investment Advisers grew its stake in Schwab U.S. Large-Cap Growth ETF by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock valued at $523,048,000 after buying an additional 995,373 shares in the last quarter.

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

Shares of SCHG stock opened at $35.32 on Friday. The company’s fifty day simple moving average is $34.38 and its two-hundred day simple moving average is $32.73. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.99. The stock has a market capitalization of $61.97 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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.