Lido Advisors LLC Reduces Holdings in Schwab 1000 Index ETF $SCHK

Lido Advisors LLC trimmed its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 60.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,798 shares of the company’s stock after selling 65,850 shares during the period. Lido Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $1,341,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cambient Family Office LLC grew its holdings in shares of Schwab 1000 Index ETF by 1.5% in the first quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock worth $751,000 after purchasing an additional 346 shares during the last quarter. IFP Advisors Inc increased its holdings in Schwab 1000 Index ETF by 10.9% during the 4th quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock worth $128,000 after purchasing an additional 382 shares during the period. Sanctuary Advisors LLC increased its holdings in Schwab 1000 Index ETF by 1.7% during the 1st quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock worth $961,000 after purchasing an additional 498 shares during the period. Kingswood Wealth Advisors LLC raised its position in Schwab 1000 Index ETF by 5.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 10,018 shares of the company’s stock valued at $329,000 after purchasing an additional 557 shares in the last quarter. Finally, Equitable Holdings Inc. raised its position in Schwab 1000 Index ETF by 3.0% during the 3rd quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock valued at $693,000 after purchasing an additional 635 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 0.1%

Shares of SCHK stock opened at $35.66 on Tuesday. Schwab 1000 Index ETF has a twelve month low of $29.89 and a twelve month high of $36.63. The stock has a fifty day simple moving average of $35.93 and a two-hundred day simple moving average of $34.15. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.

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.