Strategic Financial Concepts LLC Takes Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Strategic Financial Concepts LLC bought a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 47,253 shares of the company’s stock, valued at approximately $1,338,000.

Several other institutional investors also recently bought and sold shares of the stock. GHP Investment Advisors Inc. increased its holdings in Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after buying an additional 488 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after purchasing an additional 574 shares in the last quarter. Breakwater Investment Management increased its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock valued at $33,000 after purchasing an additional 587 shares in the last quarter. Mather Group LLC. raised its holdings in Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after purchasing an additional 472 shares during the period. Finally, Bartlett & CO. Wealth Management LLC boosted its position in Schwab 1000 Index ETF by 100.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,255 shares of the company’s stock worth $92,000 after purchasing an additional 1,632 shares in the last quarter.

Schwab 1000 Index ETF Price Performance

Schwab 1000 Index ETF stock opened at $29.58 on Wednesday. The stock has a market capitalization of $2.01 billion, a PE ratio of 26.06 and a beta of 1.02. The business has a 50 day simple moving average of $28.93 and a 200-day simple moving average of $28.09. Schwab 1000 Index ETF has a 12 month low of $23.86 and a 12 month high of $29.59.

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.