Boomfish Wealth Group LLC Takes $225,000 Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Boomfish Wealth Group LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,060 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Carnegie Investment Counsel grew its stake in Schwab U.S. Large-Cap Growth ETF by 293.5% during the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock worth $448,000 after buying an additional 11,980 shares during the last quarter. Burney Co. grew its position 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 last quarter. Copley Financial Group Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $278,000. Brass Tax Wealth Management Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 14.6% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock valued at $4,449,000 after purchasing an additional 5,442 shares during the last quarter. Finally, Sculati Wealth Management LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 82.2% in the third 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 Price Performance

SCHG opened at $28.54 on Friday. The stock has a market capitalization of $8.35 billion, a P/E ratio of 39.82 and a beta of 1.25. The company’s 50 day simple moving average is $28.27 and its 200-day simple moving average is $26.59. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.27 and a one year high of $29.14.

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.