Schwab 1000 Index ETF (NYSEARCA:SCHK) Holdings Raised by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 107.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,633,266 shares of the company’s stock after purchasing an additional 1,363,200 shares during the period. Schwab 1000 Index ETF makes up approximately 6.0% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 5th largest position. Armstrong Advisory Group Inc.’s holdings in Schwab 1000 Index ETF were worth $74,548,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Waddell & Associates LLC boosted its stake in shares of Schwab 1000 Index ETF by 1.4% in the third quarter. Waddell & Associates LLC now owns 962,726 shares of the company’s stock valued at $53,229,000 after purchasing an additional 13,201 shares during the period. Blake Schutter Theil Wealth Advisors LLC purchased a new position in Schwab 1000 Index ETF in the third quarter valued at $17,174,000. Main Street Financial Solutions LLC grew its stake in Schwab 1000 Index ETF by 5.8% during the 3rd quarter. Main Street Financial Solutions LLC now owns 145,742 shares of the company’s stock worth $8,058,000 after purchasing an additional 8,033 shares in the last quarter. Parkside Advisors LLC increased its stake in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. Parkside Advisors LLC now owns 120,127 shares of the company’s stock worth $3,401,000 after buying an additional 60,063 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in Schwab 1000 Index ETF by 19,941.3% in the third quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock valued at $5,950,000 after acquiring an additional 107,085 shares in the last quarter.

Schwab 1000 Index ETF Stock Up 1.8 %

NYSEARCA SCHK opened at $28.69 on Thursday. Schwab 1000 Index ETF has a 52 week low of $22.70 and a 52 week high of $29.54. The firm has a 50 day moving average of $28.81 and a two-hundred day moving average of $27.61. The stock has a market capitalization of $1.95 billion, a PE 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.