Montag & Caldwell LLC Acquires 60,440 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Montag & Caldwell LLC grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 297.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,781 shares of the company’s stock after acquiring an additional 60,440 shares during the period. Montag & Caldwell LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,251,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SCHG. Anchor Investment Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Anchor Investment Management LLC now owns 6,616 shares of the company’s stock worth $184,000 after buying an additional 4,962 shares during the period. Kane Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $5,821,000. M Holdings Securities Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $1,663,000. Dagco Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 386.7% in the fourth quarter. Dagco Inc. now owns 559,824 shares of the company’s stock worth $15,602,000 after purchasing an additional 444,794 shares during the period. Finally, Defined Financial Planning LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $7,622,000.

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

Shares of SCHG opened at $24.52 on Tuesday. The firm has a market capitalization of $34.08 billion, a P/E ratio of 31.89 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $29.14. The stock has a 50 day moving average price of $26.16 and a two-hundred day moving average price of $27.11.

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

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.0272 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Large-Cap Growth ETF 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.