Westbourne Investment Advisors Inc. Boosts Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Westbourne Investment Advisors Inc. grew its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.8% during the second quarter, Holdings Channel reports. The firm owned 198,438 shares of the company’s stock after acquiring an additional 3,473 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 1.8% of Westbourne Investment Advisors Inc.’s portfolio, making the stock its 18th largest position. Westbourne Investment Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $5,796,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advyzon Investment Management LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 510.5% in the second quarter. Advyzon Investment Management LLC now owns 48,428 shares of the company’s stock valued at $1,415,000 after buying an additional 40,495 shares during the last quarter. IMA Advisory Services Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 1.5% during the 2nd quarter. IMA Advisory Services Inc. now owns 227,848 shares of the company’s stock worth $6,655,000 after buying an additional 3,260 shares during the last quarter. Verus Capital Partners LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 45.9% during the 2nd quarter. Verus Capital Partners LLC now owns 47,564 shares of the company’s stock worth $1,389,000 after buying an additional 14,967 shares during the last quarter. Fagan Associates Inc. lifted its stake in Schwab U.S. Large-Cap Growth ETF by 0.3% during the 2nd quarter. Fagan Associates Inc. now owns 142,543 shares of the company’s stock valued at $4,164,000 after acquiring an additional 430 shares during the period. Finally, Nwam LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 10.8% during the 2nd quarter. Nwam LLC now owns 84,483 shares of the company’s stock valued at $2,555,000 after acquiring an additional 8,214 shares during the period.

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

SCHG stock opened at $33.07 on Tuesday. The company has a market capitalization of $53.73 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74. The firm’s fifty day simple moving average is $32.05 and its 200-day simple moving average is $29.86.

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.