Veridan Wealth LLC Makes New $3.04 Million Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Veridan Wealth LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 108,103 shares of the company’s stock, valued at approximately $3,044,000. Schwab U.S. Large-Cap Growth ETF comprises 1.4% of Veridan Wealth LLC’s holdings, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHG. Valley Wealth Managers Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after purchasing an additional 678 shares during the period. Versant Capital Management Inc grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after buying an additional 763 shares during the period. Human Investing LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $29,000. Tsfg LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. Tsfg LLC now owns 1,200 shares of the company’s stock valued at $33,000 after acquiring an additional 900 shares during the last quarter. Finally, MeadowBrook Investment Advisors LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 1,244 shares of the company’s stock worth $35,000 after acquiring an additional 933 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.5 %

SCHG stock opened at $26.81 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.68 and a 52-week high of $29.14. The stock has a market cap of $37.00 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11. The business has a fifty day moving average of $28.34 and a two-hundred day moving average of $27.12.

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.