McAdam LLC Buys 8,603 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

McAdam LLC lifted its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 92.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,883 shares of the company’s stock after buying an additional 8,603 shares during the quarter. McAdam LLC’s holdings in Schwab 1000 Index ETF were worth $506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Schwab 1000 Index ETF by 100.0% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 13,618 shares of the company’s stock worth $386,000 after acquiring an additional 6,809 shares during the period. SOL Capital Management CO boosted its position in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. SOL Capital Management CO now owns 19,000 shares of the company’s stock valued at $538,000 after purchasing an additional 9,500 shares in the last quarter. OLD National Bancorp IN grew its stake in Schwab 1000 Index ETF by 100.0% in the fourth quarter. OLD National Bancorp IN now owns 23,064 shares of the company’s stock worth $653,000 after purchasing an additional 11,532 shares during the period. YHB Investment Advisors Inc. raised its holdings in Schwab 1000 Index ETF by 197.0% in the fourth quarter. YHB Investment Advisors Inc. now owns 14,610 shares of the company’s stock worth $414,000 after purchasing an additional 9,691 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. purchased a new position in Schwab 1000 Index ETF during the fourth quarter valued at $9,549,000.

Schwab 1000 Index ETF Trading Down 0.5 %

Shares of SCHK stock opened at $29.15 on Monday. The company’s fifty day moving average price is $28.92 and its 200-day moving average price is $27.83. The stock has a market cap of $1.98 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 12 month low of $23.33 and a 12 month high of $29.57.

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.