14,432 Shares of Schwab 1000 Index ETF $SCHK Bought by Welch Group LLC

Welch Group LLC acquired a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,432 shares of the company’s stock, valued at approximately $529,000.

Several other hedge funds have also recently bought and sold shares of the company. Pension & Wealth Management Advisors Inc. lifted its holdings in shares of Schwab 1000 Index ETF by 6.8% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,397,559 shares of the company’s stock worth $51,235,000 after acquiring an additional 88,672 shares during the period. Cooper Haims Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF during the 2nd quarter worth approximately $36,003,000. Avant Capital LLC increased its stake in Schwab 1000 Index ETF by 1,802.1% in the second quarter. Avant Capital LLC now owns 574,656 shares of the company’s stock valued at $20,722,000 after acquiring an additional 544,444 shares during the last quarter. JNBA Financial Advisors bought a new position in Schwab 1000 Index ETF in the second quarter valued at approximately $19,247,000. Finally, Lighthouse Wealth Management Inc. increased its stake in Schwab 1000 Index ETF by 1.1% in the third quarter. Lighthouse Wealth Management Inc. now owns 382,338 shares of the company’s stock valued at $14,017,000 after acquiring an additional 4,311 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

Shares of SCHK opened at $36.16 on Tuesday. The firm has a 50 day simple moving average of $36.92 and a two-hundred day simple moving average of $35.11. Schwab 1000 Index ETF has a one year low of $30.30 and a one year high of $37.62. The company has a market cap of $5.66 billion, a P/E 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.