Principia Wealth Advisory LLC Invests $3.55 Million in Schwab 1000 Index ETF $SCHK

Principia Wealth Advisory LLC bought a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 4th quarter, HoldingsChannel reports. The fund bought 108,220 shares of the company’s stock, valued at approximately $3,550,000. Schwab 1000 Index ETF accounts for approximately 0.9% of Principia Wealth Advisory LLC’s holdings, making the stock its 13th largest holding.

Other large investors also recently modified their holdings of the company. Armstrong Advisory Group Inc. boosted its stake in Schwab 1000 Index ETF by 4.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 2,526,887 shares of the company’s stock valued at $82,882,000 after buying an additional 97,075 shares in the last quarter. Claro Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF during the third quarter valued at about $1,085,000. Wolfstich Capital LLC acquired a new stake in shares of Schwab 1000 Index ETF during the fourth quarter valued at about $3,557,000. RFG Advisory LLC acquired a new stake in shares of Schwab 1000 Index ETF during the third quarter valued at about $1,992,000. Finally, Waddell & Associates LLC boosted its stake in shares of Schwab 1000 Index ETF by 3.2% during the third quarter. Waddell & Associates LLC now owns 2,050,350 shares of the company’s stock valued at $65,857,000 after purchasing an additional 63,322 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 0.6%

Shares of SCHK stock opened at $36.31 on Friday. The business’s 50-day moving average price is $33.74 and its 200-day moving average price is $33.19. Schwab 1000 Index ETF has a 12 month low of $28.13 and a 12 month high of $36.34. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.

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.