Ferguson Wellman Capital Management Inc. Raises Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Ferguson Wellman Capital Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 299.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 29,472 shares of the company’s stock after buying an additional 22,086 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $821,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Savant Capital LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 289.3% during the 4th quarter. Savant Capital LLC now owns 744,024 shares of the company’s stock worth $20,736,000 after purchasing an additional 552,900 shares in the last quarter. Burns Matteson Capital Management LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 291.3% during the 4th quarter. Burns Matteson Capital Management LLC now owns 100,381 shares of the company’s stock worth $2,798,000 after purchasing an additional 74,725 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 347.3% during the 4th quarter. Angeles Wealth Management LLC now owns 1,999,984 shares of the company’s stock worth $55,740,000 after purchasing an additional 1,552,824 shares in the last quarter. Liberty Capital Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 252.3% during the 4th quarter. Liberty Capital Management Inc. now owns 158,739 shares of the company’s stock worth $4,424,000 after purchasing an additional 113,676 shares in the last quarter. Finally, OMC Financial Services LTD increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 306.4% during the 4th quarter. OMC Financial Services LTD now owns 29,195 shares of the company’s stock worth $814,000 after purchasing an additional 22,012 shares in the last quarter.

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

Shares of SCHG opened at $28.68 on Tuesday. The firm has a 50 day simple moving average of $28.40 and a 200-day simple moving average of $26.75. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.68 and a 1-year high of $29.14. The stock has a market cap of $8.39 billion, a price-to-earnings 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.