Schwab U.S. Large-Cap Growth ETF $SCHG Stake Reduced by Claro Advisors Inc.

Claro Advisors Inc. cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,905 shares of the company’s stock after selling 16,174 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises about 1.0% of Claro Advisors Inc.’s investment portfolio, making the stock its 22nd biggest holding. Claro Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHG. Brighton Jones LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% during the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after buying an additional 9,139 shares during the period. Revolve Wealth Partners LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 294.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after buying an additional 359,429 shares during the period. AQR Capital Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 19.6% during the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after buying an additional 21,234 shares during the period. Goldman Sachs Group Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 285.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after buying an additional 385,822 shares during the period. Finally, First Trust Advisors LP acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth about $248,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 1.5%

NYSEARCA SCHG opened at $33.46 on Thursday. The stock’s 50-day moving average price is $33.36 and its two-hundred day moving average price is $32.14. The company has a market cap of $56.56 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.68 and a 1 year high of $35.42.

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. 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.