Pacific Wealth Strategies Group Inc. Raises Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Pacific Wealth Strategies Group Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 288.0% in the 4th quarter, HoldingsChannel reports. The firm owned 398,314 shares of the company’s stock after buying an additional 295,657 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 7.7% of Pacific Wealth Strategies Group Inc.’s holdings, making the stock its 3rd largest holding. Pacific Wealth Strategies Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,101,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. Wedmont Private Capital lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 28.3% during the third quarter. Wedmont Private Capital now owns 7,285 shares of the company’s stock worth $750,000 after buying an additional 1,606 shares during the period. Fermata Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $245,000. LongView Wealth Management boosted its position in Schwab U.S. Large-Cap Growth ETF by 16.5% during the third quarter. LongView Wealth Management now owns 36,018 shares of the company’s stock valued at $3,752,000 after purchasing an additional 5,098 shares in the last quarter. Asio Capital LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $357,000. Finally, Code Waechter LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth about $9,431,000.

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

NYSEARCA:SCHG opened at $28.42 on Friday. The company’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $26.72. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The stock has a market capitalization of $8.31 billion, a P/E ratio of 39.82 and a beta of 1.25.

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.