Capital Wealth Management LLC Purchases 14,633 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Capital Wealth Management LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 547,416 shares of the company’s stock after purchasing an additional 14,633 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 3.8% of Capital Wealth Management LLC’s holdings, making the stock its 13th largest holding. Capital Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $18,525,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Sei Investments Co. boosted its stake in 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 worth $1,385,562,000 after buying an additional 3,356,829 shares in the last quarter. 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 worth $1,231,238,000 after acquiring an additional 3,230,427 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of 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 acquiring an additional 2,464,714 shares during the last quarter. Mariner LLC lifted its holdings in shares of 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 worth $654,968,000 after acquiring an additional 2,229,203 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of 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 purchasing an additional 995,373 shares in the last quarter.

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

SCHG stock opened at $35.27 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $36.11. The firm’s fifty day moving average is $34.63 and its 200 day moving average is $32.95. The firm has a market cap of $61.88 billion, a P/E 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.