Strategic Advisors LLC Takes Position in Schwab 1000 Index ETF $SCHK

Strategic Advisors LLC acquired a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 14,486 shares of the company’s stock, valued at approximately $522,000.

Other hedge funds have also recently bought and sold shares of the company. Cambient Family Office LLC boosted its holdings in Schwab 1000 Index ETF by 1.5% during the 1st quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock valued at $751,000 after acquiring an additional 346 shares during the period. IFP Advisors Inc increased its stake in Schwab 1000 Index ETF by 10.9% during the fourth quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock worth $128,000 after purchasing an additional 382 shares during the period. Sanctuary Advisors LLC increased its stake in Schwab 1000 Index ETF by 1.7% during the first quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock worth $961,000 after purchasing an additional 498 shares during the period. Equitable Holdings Inc. increased its stake in Schwab 1000 Index ETF by 3.0% during the third quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock worth $693,000 after purchasing an additional 635 shares during the period. Finally, Sound Income Strategies LLC lifted its position in shares of Schwab 1000 Index ETF by 53.8% during the first quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock worth $63,000 after purchasing an additional 703 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

NYSEARCA SCHK opened at $37.09 on Monday. The firm has a 50 day simple moving average of $36.38 and a 200-day simple moving average of $34.76. Schwab 1000 Index ETF has a one year low of $30.30 and a one year high of $37.62. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.

Schwab 1000 Index ETF Company 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.