RKL Wealth Management LLC Cuts Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

RKL Wealth Management LLC decreased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 667,037 shares of the company’s stock after selling 30,026 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.8% of RKL Wealth Management LLC’s portfolio, making the stock its 15th largest position. RKL Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $21,759,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bessemer Group Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $49,000. Kingdom Financial Group LLC. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $49,000. Finally, REAP Financial Group LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% in the 4th quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock worth $50,000 after buying an additional 630 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.6%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.38 on Friday. The firm’s 50 day moving average price is $33.02 and its 200-day moving average price is $32.10. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.68 and a 52-week high of $35.42. The company has a market cap of $56.42 billion, a P/E ratio of 34.24 and a beta of 1.19.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.