Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC lessened its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 14.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 42,778 shares of the company’s stock after selling 6,996 shares during the period. Beacon Financial Advisory LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. boosted its holdings 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 in the last quarter. Mather Group LLC. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% in the 2nd quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock valued at $1,235,203,000 after buying an additional 1,836,380 shares in the last quarter. LPL Financial LLC boosted its holdings 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 in the last quarter. Ameriprise Financial Inc. boosted its holdings 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 in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings 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 in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.3%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.09 on Friday. The company has a fifty day simple moving average of $30.91 and a 200-day simple moving average of $28.31. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.28. The stock has a market cap of $51.02 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

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.