RMG Wealth Management LLC Sells 194,407 Shares of Schwab US Large-Cap ETF $SCHX

RMG Wealth Management LLC trimmed its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 98.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,367 shares of the company’s stock after selling 194,407 shares during the quarter. RMG Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $61,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC increased its position in Schwab US Large-Cap ETF by 3.0% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after buying an additional 1,051,978 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in Schwab US Large-Cap ETF by 1.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock worth $939,212,000 after buying an additional 437,374 shares in the last quarter. Sei Investments Co. raised its stake in shares of Schwab US Large-Cap ETF by 5.0% during the 1st quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after buying an additional 1,554,760 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab US Large-Cap ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after buying an additional 1,546,669 shares in the last quarter. Finally, Captrust Financial Advisors increased its position in shares of Schwab US Large-Cap ETF by 5.6% during the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock worth $525,350,000 after purchasing an additional 1,039,540 shares in the last quarter.

Schwab US Large-Cap ETF Stock Down 1.2%

NYSEARCA SCHX opened at $29.09 on Friday. The business’s fifty day simple moving average is $29.36 and its 200-day simple moving average is $27.91. The firm has a market cap of $70.94 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 52 week low of $24.52 and a 52 week high of $29.95.

About Schwab US Large-Cap ETF

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.