SVB Wealth LLC Has $2.08 Million Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

SVB Wealth LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 42.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 25,039 shares of the company’s stock after acquiring an additional 7,486 shares during the period. SVB Wealth LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,077,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Baker Tilly Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $280,000. LPL Financial LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 2,541,846 shares of the company’s stock valued at $184,843,000 after purchasing an additional 165,266 shares during the last quarter. Mainsail Financial Group LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% in the 4th quarter. Mainsail Financial Group LLC now owns 71,396 shares of the company’s stock valued at $5,935,000 after purchasing an additional 2,400 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 41.1% in the 4th quarter. Capital Investment Advisors LLC now owns 9,210 shares of the company’s stock valued at $764,000 after acquiring an additional 2,685 shares during the period. Finally, Raymond James & Associates raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 9.3% in the 4th quarter. Raymond James & Associates now owns 248,991 shares of the company’s stock valued at $20,656,000 after acquiring an additional 21,139 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $89.41 on Thursday. The company has a market capitalization of $26.00 billion, a price-to-earnings ratio of 41.12 and a beta of 1.25. The firm’s 50 day simple moving average is $91.26 and its 200 day simple moving average is $83.73. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $63.57 and a fifty-two week high of $93.84.

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.