Schwab 1000 Index ETF $SCHK Stock: Richardson Capital Management LLC Decreases Holdings

Richardson Capital Management LLC cut its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 97.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,336 shares of the company’s stock after selling 1,446,106 shares during the quarter. Schwab 1000 Index ETF makes up 0.6% of Richardson Capital Management LLC’s portfolio, making the stock its 13th largest holding. Richardson Capital Management LLC’s holdings in Schwab 1000 Index ETF were worth $1,442,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in SCHK. Headlands Technologies LLC bought a new position in Schwab 1000 Index ETF during the 2nd quarter worth $6,707,000. JNBA Financial Advisors bought a new stake in Schwab 1000 Index ETF in the second quarter valued at $19,247,000. Nwam LLC acquired a new position in shares of Schwab 1000 Index ETF during the second quarter valued at $9,425,000. Principia Wealth Advisory LLC boosted its holdings in shares of Schwab 1000 Index ETF by 1,091.9% during the second quarter. Principia Wealth Advisory LLC now owns 116,446 shares of the company’s stock valued at $4,198,000 after acquiring an additional 106,676 shares during the period. Finally, Curry Webb Wealth Management LLC bought a new position in shares of Schwab 1000 Index ETF during the first quarter worth about $1,379,000.

Schwab 1000 Index ETF Stock Performance

Schwab 1000 Index ETF stock opened at $36.49 on Friday. Schwab 1000 Index ETF has a one year low of $30.30 and a one year high of $37.62. The company has a 50-day simple moving average of $36.96 and a 200-day simple moving average of $36.03. The firm has a market capitalization of $5.70 billion, a P/E 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.