ProVise Management Group LLC Has $17.83 Million Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

ProVise Management Group LLC trimmed its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 25.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 176,853 shares of the company’s stock after selling 59,680 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 1.5% of ProVise Management Group LLC’s portfolio, making the stock its 16th largest holding. ProVise Management Group LLC owned approximately 0.06% of Schwab U.S. Large-Cap Growth ETF worth $17,834,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock valued at $658,618,000 after acquiring an additional 1,617,687 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $121,792,000. Cetera Investment Advisers raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 259.4% in the first quarter. Cetera Investment Advisers now owns 1,696,108 shares of the company’s stock valued at $157,263,000 after acquiring an additional 1,224,220 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7,976.9% in the second quarter. Strategic Financial Concepts LLC now owns 577,662 shares of the company’s stock valued at $58,251,000 after acquiring an additional 570,510 shares during the last quarter. Finally, Advance Capital Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 8,500.1% in the 1st quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after purchasing an additional 487,140 shares during the last quarter.

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

SCHG stock opened at $101.14 on Thursday. The company has a 50 day moving average price of $99.73 and a 200 day moving average price of $96.49. 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. The stock has a market capitalization of $29.58 billion, a PE ratio of 39.82 and a beta of 1.25.

Schwab U.S. Large-Cap Growth ETF Company 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.