RKL Wealth Management LLC Sells 54,228 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

RKL Wealth Management LLC lowered its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 697,063 shares of the company’s stock after selling 54,228 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 1.9% of RKL Wealth Management LLC’s holdings, making the stock its 14th largest holding. RKL Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $22,243,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after acquiring an additional 28,455,790 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter worth $511,489,000. Envestnet Asset Management Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 12.0% in the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after purchasing an additional 6,651,144 shares during the last quarter. Sei Investments Co. raised its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 22.3% during the second quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after purchasing an additional 1,578,072 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.3%

Shares of NYSEARCA:SCHG opened at $31.20 on Thursday. The firm has a fifty day simple moving average of $31.99 and a two-hundred day simple moving average of $31.93. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74. The stock has a market capitalization of $51.07 billion, a P/E ratio of 34.24 and a beta of 1.15.

About Schwab U.S. Large-Cap Growth ETF

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.