MinichMacGregor Wealth Management LLC Buys 17,440 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

MinichMacGregor Wealth Management LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 484,244 shares of the company’s stock after purchasing an additional 17,440 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 2.5% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. MinichMacGregor Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $14,106,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Foundations Investment Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after acquiring an additional 47,368 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $635,000. Charles Schwab Trust Co raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% in the fourth quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock valued at $57,190,000 after acquiring an additional 30,853 shares in the last quarter. Simplicity Wealth LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% in the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock valued at $11,176,000 after acquiring an additional 41,469 shares in the last quarter. Finally, Advisory Services Network LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 10.4% in the third quarter. Advisory Services Network LLC now owns 536,365 shares of the company’s stock valued at $17,115,000 after purchasing an additional 50,616 shares during the period.

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

SCHG opened at $32.98 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42. The stock has a market capitalization of $55.74 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a fifty day moving average price of $33.67 and a 200 day moving average price of $32.16.

About Schwab U.S. Large-Cap Growth ETF

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.