Armstrong Advisory Group Inc. Has $82.88 Million Holdings in Schwab 1000 Index ETF $SCHK

Armstrong Advisory Group Inc. increased its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,526,887 shares of the company’s stock after acquiring an additional 97,075 shares during the quarter. Schwab 1000 Index ETF makes up about 5.6% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 5th largest position. Armstrong Advisory Group Inc. owned approximately 1.71% of Schwab 1000 Index ETF worth $82,882,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at about $32,000. AlphaCore Capital LLC boosted its stake in shares of Schwab 1000 Index ETF by 15.6% during the second quarter. AlphaCore Capital LLC now owns 3,696 shares of the company’s stock valued at $110,000 after purchasing an additional 500 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in Schwab 1000 Index ETF by 59.6% during the second quarter. Qube Research & Technologies Ltd now owns 4,305 shares of the company’s stock valued at $128,000 after buying an additional 1,608 shares during the period. Welch & Forbes LLC purchased a new position in Schwab 1000 Index ETF during the third quarter valued at approximately $209,000. Finally, Uptick Partners LLC bought a new position in Schwab 1000 Index ETF in the third quarter worth approximately $210,000.

Schwab 1000 Index ETF Stock Down 1.5%

Shares of NYSEARCA:SCHK opened at $31.28 on Friday. The firm has a 50 day moving average of $32.94 and a 200 day moving average of $32.61. The company has a market capitalization of $4.68 billion, a price-to-earnings 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 $33.62.

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.