Maridea Wealth Management LLC Takes $296,000 Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Maridea Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, HoldingsChannel.com reports. The fund bought 10,608 shares of the company’s stock, valued at approximately $296,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Valley Wealth Managers Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after acquiring an additional 678 shares during the period. HM Payson & Co. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after purchasing an additional 708 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares during the last quarter. Fairfield Financial Advisors LTD boosted its position in Schwab U.S. Large-Cap Growth ETF by 299.6% in the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock valued at $28,000 after buying an additional 743 shares in the last quarter. Finally, Human Investing LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $29,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 2.6 %

NYSEARCA:SCHG opened at $25.02 on Friday. The stock has a market capitalization of $34.53 billion, a P/E ratio of 31.74 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.68 and a 1 year high of $29.14. The firm has a 50 day moving average of $27.34 and a 200-day moving average of $27.26.

Schwab U.S. Large-Cap Growth ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be given a $0.0272 dividend. The ex-dividend date of this dividend is Wednesday, March 26th.

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.