Blue Trust Inc. Reduces Its Stake in Schwab U.S. Large-Cap Growth ETF

On February 10th, 2025, Blue Trust Inc. has significantly reduced its investment in the Schwab U.S. Large-Cap Growth ETF, known by its ticker symbol NYSEARCA:SCHG. According to the latest report filed with the Securities and Exchange Commission (SEC), the firm decreased its holdings by 67.8% during the fourth quarter of the year. Following this sale, Blue Trust Inc. now holds 1,250 shares of the ETF after parting with 2,626 shares in that quarter. At the close of this reporting period, these holdings were estimated to be worth approximately $35,000.

Other Institutional Investments

Blue Trust Inc. is not alone in adjusting its position regarding the Schwab U.S. Large-Cap Growth ETF. Various other institutional investors have also made changes to their stakes in the fund. Notably, Carnegie Investment Counsel bolstered its ownership by an impressive 293.5% during the fourth quarter, bringing its holdings to 16,062 shares valued at around $448,000 after acquiring an additional 11,980 shares. Similarly, Burney Co. expanded its stake by 117.9%, now owning 11,668 shares worth about $325,000 after obtaining an extra 6,313 shares.

In a related move, Copley Financial Group Inc. established a new investment in the Schwab U.S. Large-Cap Growth ETF in the third quarter, valued at $278,000. Additionally, Brass Tax Wealth Management Inc. increased its holdings by 14.6%, acquiring an extra 5,442 shares for a total of 42,706 shares valued at approximately $4,449,000. Furthermore, Sculati Wealth Management LLC enhanced its investment by 82.2%, raising its total to 84,484 shares worth around $8,802,000 after purchasing an additional 38,110 shares.

Current Performance of Schwab U.S. Large-Cap Growth ETF

As of the latest trading session, the Schwab U.S. Large-Cap Growth ETF experienced a slight decline of 1.1%, opening at $28.42. The ETF boasts a market capitalization of $8.31 billion, a price-to-earnings ratio of 39.82, and a beta of 1.25. Over the last twelve months, the fund recorded a low of $21.68 and a high of $29.14. The ETF has a fifty-day moving average of $28.40 and a 200-day moving average of $26.73.

About Schwab U.S. Large-Cap Growth ETF

The primary aim of the Schwab U.S. Large-Cap Growth ETF is to track the total returns of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. This index encompasses the large-cap growth segment of the broader Dow Jones U.S. Total Stock Market Index that is accessible to investors.

Schwab, ETF, Investment