Donor Advised Charitable Giving Inc. Purchases 60,144 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Donor Advised Charitable Giving Inc. raised its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,288 shares of the company’s stock after purchasing an additional 60,144 shares during the period. Schwab 1000 Index ETF makes up approximately 0.1% of Donor Advised Charitable Giving Inc.’s investment portfolio, making the stock its 7th biggest position. Donor Advised Charitable Giving Inc. owned 0.18% of Schwab 1000 Index ETF worth $3,405,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Spinnaker Trust acquired a new stake in Schwab 1000 Index ETF in the third quarter valued at approximately $200,000. Manchester Financial Inc. bought a new position in Schwab 1000 Index ETF in the 3rd quarter valued at approximately $206,000. Invst LLC acquired a new stake in Schwab 1000 Index ETF during the 3rd quarter worth approximately $208,000. Miracle Mile Advisors LLC acquired a new stake in Schwab 1000 Index ETF during the 3rd quarter worth approximately $225,000. Finally, Accredited Investors Inc. bought a new stake in Schwab 1000 Index ETF during the 3rd quarter worth approximately $241,000.

Schwab 1000 Index ETF Price Performance

Schwab 1000 Index ETF stock opened at $28.94 on Monday. The stock’s 50 day moving average is $28.81 and its 200 day moving average is $27.66. Schwab 1000 Index ETF has a one year low of $22.83 and a one year high of $29.54. The firm has a market cap of $1.97 billion, a P/E ratio of 26.06 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.