IHT Wealth Management LLC Cuts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

IHT Wealth Management LLC reduced its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 31.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 235,423 shares of the company’s stock after selling 109,128 shares during the quarter. IHT Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,680,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 9.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after acquiring 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% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after acquiring an additional 2,464,714 shares during the period. Mariner LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 12.5% during the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock valued at $654,968,000 after acquiring an additional 2,229,203 shares during the period. Vantagepoint Investment Advisers LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 6.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after acquiring an additional 1,038,388 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 10.2% during the 4th quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock valued at $553,244,000 after acquiring an additional 1,572,946 shares during the period.

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

Shares of SCHG stock opened at $33.46 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.68 and a 1-year high of $35.42. The business has a 50-day moving average of $33.36 and a 200 day moving average of $32.14. The stock has a market capitalization of $56.56 billion, a PE ratio of 34.24 and a beta of 1.19.

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.