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

RKL Wealth Management LLC lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.2% during the 3rd quarter, HoldingsChannel.com reports. 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 makes up approximately 1.9% of RKL Wealth Management LLC’s investment portfolio, making the stock its 14th biggest 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 SEC.

A number of other institutional investors also recently bought and sold shares of SCHG. Flagship Wealth Advisors LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 50.5% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after buying an additional 68,389 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 16.9% in the second quarter. J.W. Cole Advisors Inc. now owns 367,653 shares of the company’s stock valued at $10,739,000 after acquiring an additional 53,037 shares in the last quarter. Fortis Capital Advisors LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 1.8% in the third quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock valued at $32,439,000 after acquiring an additional 17,522 shares in the last quarter. D.B. Root & Company LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 10.9% in the third quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after purchasing an additional 23,865 shares during the last quarter. Finally, Fingerlakes Wealth Management Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.9% during the third quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock worth $6,964,000 after purchasing an additional 23,155 shares in the last quarter.

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

Shares of SCHG opened at $31.20 on Thursday. The firm has a market cap of $51.07 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74. The stock has a fifty day moving average price of $31.99 and a 200-day moving average price of $31.93.

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.