Blake Schutter Theil Wealth Advisors LLC Has $9.86 Million Holdings in Schwab 1000 Index ETF $SCHK

Blake Schutter Theil Wealth Advisors LLC reduced its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 7.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 330,530 shares of the company’s stock after selling 26,595 shares during the quarter. Schwab 1000 Index ETF accounts for about 11.2% of Blake Schutter Theil Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Blake Schutter Theil Wealth Advisors LLC owned 0.23% of Schwab 1000 Index ETF worth $9,856,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHK. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab 1000 Index ETF by 5.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 21,941 shares of the company’s stock valued at $591,000 after acquiring an additional 1,197 shares during the last quarter. Pinnacle Financial Partners Inc boosted its holdings in shares of Schwab 1000 Index ETF by 100.0% during the 1st quarter. Pinnacle Financial Partners Inc now owns 2,000 shares of the company’s stock valued at $57,000 after acquiring an additional 1,000 shares during the last quarter. Arlington Trust Co LLC purchased a new stake in shares of Schwab 1000 Index ETF during the 1st quarter valued at about $83,000. OneDigital Investment Advisors LLC boosted its holdings in shares of Schwab 1000 Index ETF by 3.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 11,767 shares of the company’s stock valued at $317,000 after acquiring an additional 400 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of Schwab 1000 Index ETF by 5.9% during the 1st quarter. Allworth Financial LP now owns 14,069 shares of the company’s stock valued at $371,000 after acquiring an additional 790 shares during the last quarter.

Schwab 1000 Index ETF Stock Up 0.8%

Shares of NYSEARCA SCHK opened at $32.66 on Friday. The firm’s 50-day moving average price is $31.75 and its 200-day moving average price is $29.77. The company has a market cap of $4.77 billion, a PE ratio of 25.42 and a beta of 1.02. Schwab 1000 Index ETF has a 52-week low of $23.18 and a 52-week high of $32.72.

About Schwab 1000 Index ETF

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.