Maridea Wealth Management LLC Buys 33,887 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Maridea Wealth Management LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 11.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 318,151 shares of the company’s stock after buying an additional 33,887 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 1.6% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Maridea Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $10,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after purchasing an additional 28,455,790 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $511,489,000. Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after buying an additional 6,979,991 shares during the last quarter. Sei Investments Co. lifted its position in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after acquiring an additional 4,524,057 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 22.3% during the 2nd quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock worth $252,478,000 after buying an additional 1,578,072 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.3%

Shares of NYSEARCA SCHG opened at $30.53 on Wednesday. The firm has a market cap of $49.97 billion, a P/E ratio of 34.24 and a beta of 1.15. The business’s 50 day moving average price is $32.19 and its 200 day moving average price is $31.92. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74.

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.