Schwab U.S. Large-Cap Growth ETF $SCHG is RMG Wealth Management LLC’s 2nd Largest Position

RMG Wealth Management LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 228,621.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,413,826 shares of the company’s stock after purchasing an additional 5,411,459 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 18.8% of RMG Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. RMG Wealth Management LLC owned about 0.32% of Schwab U.S. Large-Cap Growth ETF worth $157,705,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Advisortrust Partners LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at $27,000. Center for Financial Planning Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $28,000. Cary Street Partners Investment Advisory LLC raised its holdings 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 valued at $35,000 after buying an additional 1,019 shares during the period. Finally, MBM Wealth Consultants LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth about $48,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.40 on Friday. The stock has a market capitalization of $58.42 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business has a 50-day moving average of $34.09 and a 200 day moving average of $32.36. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.42.

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.