JPMorgan Chase & Co. Has $319,000 Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

JPMorgan Chase & Co. increased its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 97.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,251 shares of the company’s stock after acquiring an additional 5,559 shares during the period. JPMorgan Chase & Co.’s holdings in Schwab 1000 Index ETF were worth $319,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in SCHK. Financial Engines Advisors L.L.C. boosted its position in Schwab 1000 Index ETF by 66.8% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 47,716,110 shares of the company’s stock worth $1,350,843,000 after purchasing an additional 19,115,413 shares during the period. Signature Estate & Investment Advisors LLC lifted its stake in Schwab 1000 Index ETF by 99.7% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 199,152 shares of the company’s stock worth $5,638,000 after purchasing an additional 99,430 shares during the last quarter. LPL Financial LLC grew its position in Schwab 1000 Index ETF by 110.2% in the fourth quarter. LPL Financial LLC now owns 102,825 shares of the company’s stock valued at $2,911,000 after acquiring an additional 53,898 shares during the last quarter. Sandy Spring Bank increased its position in Schwab 1000 Index ETF by 99.9% during the 4th quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock worth $44,000 after purchasing an additional 774 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in shares of Schwab 1000 Index ETF by 90.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,454 shares of the company’s stock valued at $211,000 after acquiring an additional 3,542 shares in the last quarter.

Schwab 1000 Index ETF Price Performance

Schwab 1000 Index ETF stock opened at $27.32 on Friday. Schwab 1000 Index ETF has a 1 year low of $23.18 and a 1 year high of $29.65. The company has a market capitalization of $3.97 billion, a P/E ratio of 24.74 and a beta of 1.03. The business has a 50 day moving average of $26.60 and a 200-day moving average of $28.04.

Schwab 1000 Index ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0808 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.