Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC recently reduced its holdings in Schwab U.S. Large-Cap Growth ETF by 31.7% in the 1st quarter, as reported in its Form 13F filing with the Securities & Exchange Commission. The company sold 3,449 shares, leaving them with 7,419 shares worth $688,000.

Other hedge funds and institutional investors have also made changes to their stakes in the company. Baker Tilly Wealth Management LLC added a new stake in the 4th quarter, while Apollon Wealth Management LLC and Steward Partners Investment Advisory LLC increased their stakes. Mainsail Financial Group LLC and Townsend Asset Management Corp NC ADV also boosted their positions in the company during the same period.

On Friday, shares of Schwab U.S. Large-Cap Growth ETF opened at $104.09, with a 50-day moving average of $98.29 and a 200-day moving average of $92.06. The stock has a 52-week range of $69.78 to $105.74, a market cap of $30.45 billion, a price-to-earnings ratio of 39.82, and a beta of 1.25.

The goal of Schwab U.S. Large-Cap Growth ETF is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. This index represents the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors.

In DailyBubble’s perspective, the recent changes in holdings and the stock’s performance indicate a dynamic market for Schwab U.S. Large-Cap Growth ETF. Investors should stay informed and consider their investment strategies accordingly.