Schwab 1000 Index ETF $SCHK Stock Sold by Legacy Wealth Management LLC

Legacy Wealth Management LLC decreased its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,724,705 shares of the company’s stock after selling 123,607 shares during the quarter. Schwab 1000 Index ETF comprises 11.1% of Legacy Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Legacy Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $209,868,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Archer Investment Corp bought a new position in Schwab 1000 Index ETF during the first quarter valued at approximately $26,000. CoreCap Advisors LLC acquired a new stake in Schwab 1000 Index ETF in the third quarter valued at approximately $51,000. Sound Income Strategies LLC lifted its stake in Schwab 1000 Index ETF by 53.8% in the first quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock valued at $63,000 after acquiring an additional 703 shares during the last quarter. Angeles Wealth Management LLC bought a new stake in Schwab 1000 Index ETF in the first quarter worth approximately $63,000. Finally, JFS Wealth Advisors LLC grew its position in Schwab 1000 Index ETF by 385.0% in the second quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock worth $69,000 after acquiring an additional 1,517 shares in the last quarter.

Schwab 1000 Index ETF Stock Down 0.5%

SCHK stock opened at $36.49 on Friday. The firm has a 50 day moving average of $36.96 and a two-hundred day moving average of $36.03. Schwab 1000 Index ETF has a 12 month low of $30.30 and a 12 month high of $37.62. The company has a market capitalization of $5.70 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.