Royal Fund Management LLC Raises Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Royal Fund Management LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 176.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,174 shares of the company’s stock after purchasing an additional 198,772 shares during the period. Royal Fund Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $10,151,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHG. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 16.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 2,232 shares of the company’s stock valued at $72,000 after buying an additional 312 shares during the last quarter. Pinnacle Financial Partners Inc lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.9% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 36,217 shares of the company’s stock valued at $1,156,000 after acquiring an additional 315 shares during the last quarter. Woodmont Investment Counsel LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.8% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 40,616 shares of the company’s stock valued at $1,296,000 after acquiring an additional 325 shares during the last quarter. Kennebec Savings Bank boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 6.6% during the 3rd quarter. Kennebec Savings Bank now owns 5,298 shares of the company’s stock valued at $169,000 after acquiring an additional 328 shares during the period. Finally, Howe & Rusling Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 37.7% during the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after acquiring an additional 332 shares during the period.

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

SCHG opened at $28.10 on Tuesday. The stock’s 50 day simple moving average is $30.76 and its 200 day simple moving average is $31.85. The firm has a market cap of $45.99 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74.

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.