Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Set to Split on Friday, October 11th

Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) are going to split before the market opens on Friday, October 11th. The 4-1 split was announced on Wednesday, September 25th. The newly created shares will be issued to shareholders after the closing bell on Thursday, October 10th.

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

SCHG stock opened at $104.07 on Monday. The company has a market capitalization of $30.44 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The business’s 50 day moving average price is $100.23 and its two-hundred day moving average price is $97.54. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $69.78 and a fifty-two week high of $105.74.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Private Ocean LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 4.2% in the second quarter. Private Ocean LLC now owns 2,764 shares of the company’s stock worth $279,000 after purchasing an additional 112 shares during the last quarter. Glassman Wealth Services boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.0% in the second quarter. Glassman Wealth Services now owns 4,145 shares of the company’s stock worth $418,000 after buying an additional 119 shares during the last quarter. Pineridge Advisors LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 45.7% during the first quarter. Pineridge Advisors LLC now owns 386 shares of the company’s stock valued at $36,000 after buying an additional 121 shares during the last quarter. Thompson Investment Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 32.2% in the first quarter. Thompson Investment Management Inc. now owns 517 shares of the company’s stock worth $48,000 after acquiring an additional 126 shares during the period. Finally, Evergreen Capital Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 3.3% during the second quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock valued at $400,000 after purchasing an additional 126 shares in the last quarter.

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.