Burt Wealth Advisors Has $884,000 Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Burt Wealth Advisors reduced its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,250 shares of the company’s stock after selling 666 shares during the period. Burt Wealth Advisors’ holdings in Schwab U.S. Large-Cap Growth ETF were worth $884,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock valued at $1,208,444,000 after buying an additional 5,775,232 shares during the period. Mather Group LLC. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the 1st quarter. Mather Group LLC. now owns 40,450,598 shares of the company’s stock valued at $1,012,883,000 after buying an additional 1,254,652 shares during the period. LPL Financial LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after buying an additional 2,554,009 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% in the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock valued at $387,608,000 after buying an additional 1,106,110 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock valued at $371,147,000 after buying an additional 332,496 shares during the period.

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

Shares of SCHG opened at $31.68 on Wednesday. The stock has a 50-day moving average of $30.35 and a 200-day moving average of $27.76. The company has a market cap of $48.58 billion, a PE ratio of 34.24 and a beta of 1.10. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $31.77.

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.