Farther Finance Advisors LLC Has $338,000 Stock Position in Schwab 1000 Index ETF $SCHK

Farther Finance Advisors LLC lowered its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 50.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,342 shares of the company’s stock after selling 11,413 shares during the period. Farther Finance Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $338,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Waddell & Associates LLC increased its stake in shares of Schwab 1000 Index ETF by 2.8% in the first quarter. Waddell & Associates LLC now owns 1,994,283 shares of the company’s stock worth $53,686,000 after purchasing an additional 55,225 shares during the period. Plum Street Advisors LLC increased its stake in shares of Schwab 1000 Index ETF by 2.1% in the first quarter. Plum Street Advisors LLC now owns 745,637 shares of the company’s stock worth $20,073,000 after purchasing an additional 15,516 shares during the period. GAMMA Investing LLC increased its stake in shares of Schwab 1000 Index ETF by 2,592.0% in the first quarter. GAMMA Investing LLC now owns 494,359 shares of the company’s stock worth $13,308,000 after purchasing an additional 475,995 shares during the period. Lighthouse Wealth Management Inc. increased its stake in shares of Schwab 1000 Index ETF by 1.9% in the first quarter. Lighthouse Wealth Management Inc. now owns 343,601 shares of the company’s stock worth $9,250,000 after purchasing an additional 6,313 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its stake in shares of Schwab 1000 Index ETF by 0.5% in the first quarter. Signature Estate & Investment Advisors LLC now owns 200,177 shares of the company’s stock worth $5,389,000 after purchasing an additional 1,025 shares during the period.

Schwab 1000 Index ETF Stock Performance

Schwab 1000 Index ETF stock opened at $32.01 on Tuesday. The business’s 50-day simple moving average is $31.17 and its 200-day simple moving average is $29.03. The firm has a market capitalization of $4.64 billion, a PE ratio of 25.42 and a beta of 1.02. Schwab 1000 Index ETF has a 52 week low of $23.18 and a 52 week high of $32.32.

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.