RKL Wealth Management LLC Trims Position in Schwab U.S. Large-Cap Growth ETF $SCHG

RKL Wealth Management LLC lessened its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (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 filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Valpey Financial Services LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after purchasing an additional 7,752,527 shares during the period. Thrivent Financial for Lutherans increased its position in Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the period. BlueStem Wealth Partners LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at about $92,090,000. LPL Financial LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after purchasing an additional 2,464,714 shares during the period. Finally, Koshinski Asset Management Inc. purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at about $68,706,000.

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

NYSEARCA SCHG opened at $33.38 on Friday. The company has a market capitalization of $56.42 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company’s 50-day simple moving average is $33.02 and its two-hundred day simple moving average is $32.10. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.68 and a one year high of $35.42.

Schwab U.S. Large-Cap Growth ETF Company 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.