Granite Bay Wealth Management LLC Cuts Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Granite Bay Wealth Management LLC trimmed its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 11.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,483 shares of the company’s stock after selling 870 shares during the quarter. Granite Bay Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $654,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 25.6% during the 4th 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. Cetera Investment Advisers boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 259.4% during the 1st 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 boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7,976.9% during the 2nd 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. Advance Capital Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 8,500.1% during the 1st quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock valued at $45,699,000 after acquiring an additional 487,140 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 643.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 490,730 shares of the company’s stock valued at $45,500,000 after acquiring an additional 424,746 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.4 %

Shares of NYSEARCA SCHG opened at $102.70 on Wednesday. The firm’s 50-day moving average price is $99.90 and its 200-day moving average price is $97.23. The company has a market cap of $30.04 billion, a PE ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $69.78 and a 52-week high of $105.74.

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.