Broadview Financial Management LLC Decreases Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Broadview Financial Management LLC cut its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,300 shares of the company’s stock after selling 2,284 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 2.4% of Broadview Financial Management LLC’s holdings, making the stock its 12th largest holding. Broadview Financial Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHG. Apollon Wealth Management LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 50.6% in the 4th quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock valued at $24,212,000 after acquiring an additional 98,011 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 6.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock valued at $1,084,000 after purchasing an additional 762 shares during the last quarter. Able Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $50,000. Rollins Financial increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.1% during the 4th quarter. Rollins Financial now owns 316,406 shares of the company’s stock worth $26,249,000 after purchasing an additional 85,602 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $211,000.

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

NYSEARCA:SCHG traded up $1.04 during trading hours on Friday, reaching $101.63. 1,115,680 shares of the company traded hands, compared to its average volume of 1,428,906. The firm’s 50-day moving average is $100.49 and its 200-day moving average is $95.62. The stock has a market cap of $29.73 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $69.78 and a 1-year high of $105.74.

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.