Summit Financial Wealth Advisors LLC Grows Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Summit Financial Wealth Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 384.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,113 shares of the company’s stock after acquiring an additional 73,902 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,622,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. FMR LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 15.7% during the third quarter. FMR LLC now owns 73,009 shares of the company’s stock valued at $7,606,000 after purchasing an additional 9,909 shares in the last quarter. Verition Fund Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at about $453,000. Quantinno Capital Management LP purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at about $414,000. Orion Portfolio Solutions LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 19.0% in the third quarter. Orion Portfolio Solutions LLC now owns 29,258 shares of the company’s stock worth $3,048,000 after acquiring an additional 4,671 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.4% during the third quarter. Sunbelt Securities Inc. now owns 185,381 shares of the company’s stock valued at $19,313,000 after purchasing an additional 4,361 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.7 %

SCHG traded down $0.68 during mid-day trading on Thursday, reaching $24.17. 4,056,764 shares of the company traded hands, compared to its average volume of 7,254,539. The stock has a market capitalization of $33.60 billion, a P/E ratio of 31.89 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $29.14. The company’s fifty day moving average price is $26.41 and its 200-day moving average price is $27.13.

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

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

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.