Spence Asset Management Has $1.96 Million Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Spence Asset Management reduced its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 23,332 shares of the company’s stock after selling 3,238 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 1.0% of Spence Asset Management’s investment portfolio, making the stock its 20th largest holding. Spence Asset Management’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,960,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHG. Larson Financial Group LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 192.7% in the 2nd quarter. Larson Financial Group LLC now owns 363 shares of the company’s stock valued at $30,000 after buying an additional 239 shares during the period. Doyle Wealth Management bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth $33,000. Bank of Montreal Can boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 189.0% in the 2nd quarter. Bank of Montreal Can now owns 578 shares of the company’s stock worth $48,000 after purchasing an additional 378 shares during the last quarter. Glassman Wealth Services bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth $51,000. Finally, Lenox Wealth Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 197.3% in the 2nd quarter. Lenox Wealth Management Inc. now owns 666 shares of the company’s stock worth $55,000 after purchasing an additional 442 shares during the last quarter.

Shares of NYSEARCA:SCHG traded down $0.27 during midday trading on Monday, hitting $83.67. The company had a trading volume of 420,700 shares, compared to its average volume of 522,607. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $64.30 and a 12 month high of $86.36. The firm has a fifty day simple moving average of $84.06 and a 200 day simple moving average of $82.62.

The business also recently declared a — dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.209 dividend. The ex-dividend date was Wednesday, September 25th. This represents a dividend yield of 1.1%.

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.

Further Reading: Price to Earnings Ratio (PE)

Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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