Westbourne Investment Advisors Inc. Boosts Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Westbourne Investment Advisors Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 286.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 184,564 shares of the company’s stock after purchasing an additional 136,762 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 1.8% of Westbourne Investment Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Westbourne Investment Advisors Inc. owned 0.06% of Schwab U.S. Large-Cap Growth ETF worth $5,144,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Carnegie Investment Counsel raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 293.5% in the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock worth $448,000 after acquiring an additional 11,980 shares during the period. Burney Co. raised its position in shares of 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 purchasing an additional 6,313 shares during the last quarter. Copley Financial Group Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth about $278,000. Brass Tax Wealth Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 14.6% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock worth $4,449,000 after purchasing an additional 5,442 shares during the last quarter. Finally, Sculati Wealth Management LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 82.2% in the 3rd 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 $28.42 on Friday. The company’s 50 day simple moving average is $28.39 and its two-hundred day simple moving average is $26.70. 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 market capitalization of $8.31 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.