Atlas Capital Advisors Inc. Has $61,000 Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Atlas Capital Advisors Inc. increased its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 66.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,154 shares of the company’s stock after acquiring an additional 863 shares during the period. Atlas Capital Advisors Inc.’s holdings in Schwab 1000 Index ETF were worth $61,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. grew its position in Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after acquiring an additional 488 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after purchasing an additional 574 shares during the last quarter. Breakwater Investment Management boosted its holdings in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after purchasing an additional 587 shares in the last quarter. Mather Group LLC. increased its position in Schwab 1000 Index ETF by 63.4% during the fourth quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after buying an additional 472 shares during the last quarter. Finally, Sandy Spring Bank raised its holdings in Schwab 1000 Index ETF by 99.9% during the fourth quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock valued at $44,000 after buying an additional 774 shares in the last quarter.

Schwab 1000 Index ETF Price Performance

Shares of NYSEARCA:SCHK opened at $24.34 on Friday. The stock has a market capitalization of $3.42 billion, a P/E ratio of 24.11 and a beta of 1.04. The business has a 50-day moving average of $28.14 and a two-hundred day moving average of $28.33. Schwab 1000 Index ETF has a fifty-two week low of $23.86 and a fifty-two week high of $29.65.

Schwab 1000 Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.0808 dividend. The ex-dividend date was Wednesday, March 26th.

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.