D.B. Root & Company LLC Raises Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

D.B. Root & Company LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.9% in the third quarter, Holdings Channel.com reports. The firm owned 243,695 shares of the company’s stock after buying an additional 23,865 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 2.0% of D.B. Root & Company LLC’s investment portfolio, making the stock its 11th largest position. D.B. Root & Company LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. REAP Financial Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $28,000. Oppenheimer Asset Management Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 22,798 shares of the company’s stock valued at $727,000 after acquiring an additional 454 shares during the period. Latko Wealth Management Ltd. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 29.2% during the third quarter. Latko Wealth Management Ltd. now owns 148,692 shares of the company’s stock worth $4,745,000 after acquiring an additional 33,609 shares in the last quarter. Tempus Wealth Planning LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 6.5% in the third quarter. Tempus Wealth Planning LLC now owns 118,916 shares of the company’s stock worth $3,795,000 after purchasing an additional 7,288 shares during the period. Finally, Two West Capital Advisors LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 11.1% in the third quarter. Two West Capital Advisors LLC now owns 47,002 shares of the company’s stock worth $1,536,000 after purchasing an additional 4,697 shares during the period.

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

SCHG stock opened at $31.11 on Monday. The firm has a 50 day moving average price of $32.48 and a 200-day moving average price of $31.88. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74. The firm has a market capitalization of $50.92 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.