Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Reaches New 1-Year Low – Here’s Why

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $21.37 and last traded at $21.46, with a volume of 4711199 shares traded. The stock had previously closed at $22.57.

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

The business has a fifty day moving average of $26.56 and a 200-day moving average of $27.16. The company has a market capitalization of $34.54 billion, a P/E ratio of 31.89 and a beta of 1.13.

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

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Valley Wealth Managers Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after acquiring an additional 678 shares in the last quarter. HM Payson & Co. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock valued at $26,000 after purchasing an additional 708 shares in the last quarter. Fairfield Financial Advisors LTD boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 299.6% during the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock valued at $28,000 after buying an additional 743 shares during the last quarter. WealthCollab LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. WealthCollab LLC now owns 1,000 shares of the company’s stock worth $28,000 after buying an additional 750 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after buying an additional 763 shares during the last quarter.

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.