Sanibel Captiva Trust Company Inc. Sells 17,492 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Sanibel Captiva Trust Company Inc. trimmed its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 55.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,216 shares of the company’s stock after selling 17,492 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 288.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock worth $1,184,066,000 after acquiring an additional 31,546,654 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% in the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock valued at $1,063,494,000 after purchasing an additional 28,602,115 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock valued at $1,108,907,000 after purchasing an additional 28,538,409 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 413.7% in the 4th quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock valued at $614,622,000 after purchasing an additional 17,759,913 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $403,827,000.

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

NYSEARCA:SCHG opened at $28.22 on Thursday. The firm’s fifty day moving average is $25.98 and its 200-day moving average is $27.02. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $29.14. The firm has a market cap of $42.33 billion, a P/E ratio of 32.34 and a beta of 1.16.

Schwab U.S. Large-Cap Growth ETF Company 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.