Marcum Wealth LLC Increases Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Marcum Wealth LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 292.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,352 shares of the company’s stock after buying an additional 13,670 shares during the period. Marcum Wealth LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $511,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Copley Financial Group Inc. purchased a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at approximately $278,000. Brass Tax Wealth Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 14.6% in the third quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock valued at $4,449,000 after purchasing an additional 5,442 shares during the last quarter. Sculati Wealth Management LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 82.2% in the third quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock valued at $8,802,000 after buying an additional 38,110 shares in the last quarter. Denver PWM LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.3% in the third quarter. Denver PWM LLC now owns 228,950 shares of the company’s stock valued at $23,852,000 after buying an additional 672 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after buying an additional 763 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4 %

Shares of NYSEARCA SCHG opened at $27.51 on Wednesday. The company’s 50-day moving average price is $28.06 and its 200 day moving average price is $26.40. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.59 and a 52 week high of $29.14. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.