McAdam LLC Acquires 76,779 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

McAdam LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,833,824 shares of the company’s stock after purchasing an additional 76,779 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 11.1% of McAdam LLC’s portfolio, making the stock its 2nd biggest position. McAdam LLC owned 0.63% of Schwab U.S. Large-Cap Growth ETF worth $184,923,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Joseph P. Lucia & Associates LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2.1% during the 2nd quarter. Joseph P. Lucia & Associates LLC now owns 56,692 shares of the company’s stock worth $5,717,000 after buying an additional 1,181 shares in the last quarter. Quotient Wealth Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $646,000. Secure Asset Management LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 22.8% during the second quarter. Secure Asset Management LLC now owns 4,394 shares of the company’s stock worth $443,000 after acquiring an additional 815 shares in the last quarter. Diversified LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the second quarter worth $1,028,000. Finally, Powers Advisory Group LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 5.9% in the second quarter. Powers Advisory Group LLC now owns 65,231 shares of the company’s stock worth $6,578,000 after purchasing an additional 3,661 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.2 %

NYSEARCA SCHG traded up $1.18 during mid-day trading on Friday, hitting $102.25. The company’s stock had a trading volume of 1,007,894 shares, compared to its average volume of 1,439,403. The company’s 50 day simple moving average is $100.47 and its 200 day simple moving average is $95.16. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $69.78 and a twelve month high of $105.74. The firm has a market capitalization of $29.91 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.