American Trust Cuts Position in Schwab U.S. Large-Cap Growth ETF $SCHG

American Trust decreased its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 50.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 67,923 shares of the company’s stock after selling 69,139 shares during the quarter. American Trust’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,216,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHG. Valpey Financial Services LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after buying an additional 7,752,527 shares during the period. Focus Partners Wealth raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% during the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after purchasing an additional 5,728,214 shares during the period. Charles Schwab Investment Management Inc. raised its stake 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 purchasing an additional 3,230,427 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $92,090,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.5%

SCHG opened at $33.46 on Thursday. The firm has a market capitalization of $56.56 billion, a P/E ratio of 34.24 and a beta of 1.19. The firm’s 50 day moving average is $33.36 and its 200-day moving average is $32.14. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.68 and a 52-week high of $35.42.

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.