Waverly Advisors LLC Purchases 144,939 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Waverly Advisors LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,660,774 shares of the company’s stock after purchasing an additional 144,939 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 0.7% of Waverly Advisors LLC’s investment portfolio, making the stock its 25th largest holding. Waverly Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $123,881,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Advisortrust Partners LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at about $25,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $27,000. Center for Financial Planning Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $28,000. Cary Street Partners Investment Advisory LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after buying an additional 1,019 shares in the last quarter. Finally, NI Acquisitions Company LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth about $35,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.8%

Shares of SCHG traded down $0.28 during mid-day trading on Tuesday, reaching $35.25. 8,054,281 shares of the stock traded hands, compared to its average volume of 12,870,411. The company has a market cap of $61.85 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm has a fifty day moving average price of $34.84 and a 200 day moving average price of $33.10. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $36.11.

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.