Royal Fund Management LLC Has $8.66 Million Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Royal Fund Management LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 99.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 310,678 shares of the company’s stock after purchasing an additional 154,752 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 0.8% of Royal Fund Management LLC’s portfolio, making the stock its 27th largest holding. Royal Fund Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $8,664,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHG. Carnegie Investment Counsel raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% in the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after buying an additional 11,980 shares in the last quarter. Burney Co. increased its stake in Schwab U.S. Large-Cap Growth ETF by 117.9% during the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock worth $325,000 after acquiring an additional 6,313 shares during the period. Copley Financial Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $278,000. Brass Tax Wealth Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.6% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock valued at $4,449,000 after acquiring an additional 5,442 shares during the period. Finally, Sculati Wealth Management LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 82.2% during the 3rd quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock worth $8,802,000 after purchasing an additional 38,110 shares in the last quarter.

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

Shares of NYSEARCA SCHG opened at $28.29 on Tuesday. The stock has a market capitalization of $8.27 billion, a P/E ratio of 39.82 and a beta of 1.25. The stock’s fifty day moving average is $28.10 and its 200 day moving average is $26.47. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.85 and a 52 week high of $29.14.

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.