RKL Wealth Management LLC Sells 30,525 Shares of Schwab US Large-Cap ETF $SCHX

RKL Wealth Management LLC reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,808,702 shares of the company’s stock after selling 30,525 shares during the quarter. Schwab US Large-Cap ETF accounts for 4.3% of RKL Wealth Management LLC’s holdings, making the stock its 4th biggest holding. RKL Wealth Management LLC owned approximately 0.07% of Schwab US Large-Cap ETF worth $54,261,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Sei Investments Co. lifted its position in Schwab US Large-Cap ETF by 5.0% during the first quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after purchasing an additional 1,554,760 shares during the period. Koss Olinger Consulting LLC increased its holdings in Schwab US Large-Cap ETF by 4.9% in the 1st quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock valued at $268,983,000 after buying an additional 492,244 shares during the period. Bank of America Corp DE increased its holdings in Schwab US Large-Cap ETF by 11.7% in the 1st quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock valued at $258,360,000 after buying an additional 1,054,612 shares during the period. Kohmann Bosshard Financial Services LLC increased its holdings in Schwab US Large-Cap ETF by 4.7% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 7,465,942 shares of the company’s stock valued at $191,595,000 after buying an additional 337,580 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Schwab US Large-Cap ETF by 25.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,460,996 shares of the company’s stock valued at $223,830,000 after buying an additional 1,521,618 shares during the period.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX traded down $0.35 during mid-day trading on Friday, reaching $30.00. The stock had a trading volume of 15,554,356 shares, compared to its average volume of 15,584,735. The stock has a 50-day simple moving average of $30.29 and a two-hundred day simple moving average of $29.31. The stock has a market capitalization of $73.81 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.