Sequoia Financial Advisors LLC Buys 347 Shares of Schwab 1000 Index ETF $SCHK

Sequoia Financial Advisors LLC raised its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,290 shares of the company’s stock after acquiring an additional 347 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $247,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Brucke Financial Inc. increased its position in shares of Schwab 1000 Index ETF by 3.9% during the 2nd quarter. Brucke Financial Inc. now owns 9,659 shares of the company’s stock valued at $288,000 after purchasing an additional 366 shares during the last quarter. US Bancorp DE increased its position in shares of Schwab 1000 Index ETF by 38.1% during the 2nd quarter. US Bancorp DE now owns 217,159 shares of the company’s stock valued at $6,476,000 after purchasing an additional 59,931 shares during the last quarter. Richardson Capital Management LLC increased its position in shares of Schwab 1000 Index ETF by 43.4% during the 2nd quarter. Richardson Capital Management LLC now owns 89,045 shares of the company’s stock valued at $2,655,000 after purchasing an additional 26,951 shares during the last quarter. Opulen Financial Group LLC increased its position in shares of Schwab 1000 Index ETF by 43.3% during the 2nd quarter. Opulen Financial Group LLC now owns 30,302 shares of the company’s stock valued at $904,000 after purchasing an additional 9,157 shares during the last quarter. Finally, Gemmer Asset Management LLC increased its holdings in Schwab 1000 Index ETF by 58.6% in the 2nd quarter. Gemmer Asset Management LLC now owns 28,934 shares of the company’s stock worth $863,000 after acquiring an additional 10,686 shares during the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of SCHK opened at $32.39 on Friday. The business has a 50-day moving average of $31.72 and a 200 day moving average of $29.67. Schwab 1000 Index ETF has a fifty-two week low of $23.18 and a fifty-two week high of $32.51. The firm has a market cap of $4.74 billion, a P/E ratio of 25.42 and a beta of 1.02.

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.