Chesapeake Wealth Management Has $4.81 Million Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Chesapeake Wealth Management boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 304.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 172,730 shares of the company’s stock after buying an additional 130,040 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 1.7% of Chesapeake Wealth Management’s holdings, making the stock its 15th biggest holding. Chesapeake Wealth Management owned approximately 0.06% of Schwab U.S. Large-Cap Growth ETF worth $4,814,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Carnegie Investment Counsel boosted its stake in shares of 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 valued at $448,000 after purchasing an additional 11,980 shares in the last quarter. Burney Co. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 117.9% during the fourth quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after purchasing an additional 6,313 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at 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 third quarter. Brass Tax Wealth Management Inc. now owns 42,706 shares of the company’s stock worth $4,449,000 after acquiring an additional 5,442 shares during the last quarter. Finally, Sculati Wealth Management LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 82.2% during the third quarter. Sculati Wealth Management LLC now owns 84,484 shares of the company’s stock worth $8,802,000 after acquiring an additional 38,110 shares during the last quarter.

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

Shares of SCHG opened at $28.29 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $20.85 and a 1 year high of $29.14. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The business has a 50-day moving average of $28.10 and a 200-day moving average of $26.47.

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.