Smith Moore & CO. Raises Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Smith Moore & CO. lifted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 166.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,948 shares of the company’s stock after buying an additional 36,832 shares during the period. Smith Moore & CO.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,633,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Koshinski Asset Management Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 324,108.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock valued at $43,583,658,000 after buying an additional 1,563,337,456 shares during the last quarter. Mather Group LLC. raised its position in Schwab U.S. Large-Cap Growth ETF by 301.4% in the 4th quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock valued at $1,092,391,000 after purchasing an additional 29,430,979 shares during the last quarter. Sei Investments Co. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 299.3% during the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock worth $1,063,494,000 after purchasing an additional 28,602,115 shares during the period. Financial Engines Advisors L.L.C. grew its position in Schwab U.S. Large-Cap Growth ETF by 253.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock worth $1,108,907,000 after purchasing an additional 28,538,409 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 413.7% in the fourth quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock valued at $614,622,000 after purchasing an additional 17,759,913 shares during the period.

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

Shares of SCHG opened at $22.57 on Friday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The firm has a 50-day simple moving average of $26.92 and a 200-day simple moving average of $27.21. The company has a market capitalization of $31.37 billion, a price-to-earnings ratio of 31.89 and a beta of 1.13.

Schwab U.S. Large-Cap Growth ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.0272 per share. The ex-dividend date was Wednesday, March 26th.

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.