Silverlake Wealth Management LLC Grows Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Silverlake Wealth Management LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 280.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 159,491 shares of the company’s stock after acquiring an additional 117,593 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 1.7% of Silverlake Wealth Management LLC’s holdings, making the stock its 6th largest position. Silverlake Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,445,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHG. Hantz Financial Services Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $56,000. Tidemark LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 119.8% in the 3rd quarter. Tidemark LLC now owns 734 shares of the company’s stock worth $76,000 after purchasing an additional 400 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $105,000. Versant Capital Management Inc raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after purchasing an additional 763 shares in the last quarter. Finally, Kennebec Savings Bank bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $112,000.

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

NYSEARCA SCHG opened at $28.52 on Wednesday. The company’s 50 day simple moving average is $28.33 and its 200 day simple moving average is $26.65. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.68 and a 12 month high of $29.14. The company has a market capitalization of $8.34 billion, a P/E ratio of 39.82 and a beta of 1.25.

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.