Advisory Services & Investments LLC Reduces Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Advisory Services & Investments LLC cut its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,838 shares of the company’s stock after selling 9,811 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up approximately 6.4% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 8th largest holding. Advisory Services & Investments LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,257,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. SteelPeak Wealth LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $211,000. Fiduciary Alliance LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 41.6% in the first quarter. Fiduciary Alliance LLC now owns 68,607 shares of the company’s stock valued at $6,367,000 after purchasing an additional 20,147 shares during the period. Dumont & Blake Investment Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 113.0% in the first quarter. Dumont & Blake Investment Advisors LLC now owns 6,351 shares of the company’s stock valued at $589,000 after purchasing an additional 3,369 shares during the period. D.B. Root & Company LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 32.7% in the first quarter. D.B. Root & Company LLC now owns 35,944 shares of the company’s stock valued at $3,333,000 after purchasing an additional 8,865 shares during the period. Finally, Red Door Wealth Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth about $211,000.

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

NYSEARCA:SCHG opened at $100.84 on Monday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $69.78 and a 52 week high of $102.54. The firm has a market cap of $29.50 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The firm’s 50-day simple moving average is $95.46 and its 200 day simple moving average is $90.70.

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.