Adamsbrown Wealth Consultants LLC Makes New Investment in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Adamsbrown Wealth Consultants LLC purchased a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,095 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds also recently bought and sold shares of SCHK. Legacy Wealth Management Inc increased its position in Schwab 1000 Index ETF by 94.0% during the fourth quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock worth $197,340,000 after buying an additional 3,377,865 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in Schwab 1000 Index ETF by 107.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock worth $74,548,000 after buying an additional 1,363,200 shares in the last quarter. Lighthouse Wealth Management Inc. purchased a new position in Schwab 1000 Index ETF during the fourth quarter worth $9,549,000. Blake Schutter Theil Wealth Advisors LLC purchased a new position in Schwab 1000 Index ETF during the third quarter worth $17,174,000. Finally, International Assets Investment Management LLC grew its position in shares of Schwab 1000 Index ETF by 19,941.3% in the third quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock valued at $5,950,000 after purchasing an additional 107,085 shares during the period.

Schwab 1000 Index ETF Stock Down 0.5 %

Shares of NYSEARCA:SCHK opened at $29.15 on Monday. The company has a market cap of $1.98 billion, a P/E ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 52 week low of $23.33 and a 52 week high of $29.57. The business has a fifty day simple moving average of $28.92 and a 200-day simple moving average of $27.83.

Schwab 1000 Index ETF Profile

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.