Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Sold by Allworth Financial LP

Allworth Financial LP lessened its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 10.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,635 shares of the company’s stock after selling 692 shares during the quarter. Allworth Financial LP’s holdings in Schwab 1000 Index ETF were worth $260,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SCHK. Ronald Blue Trust Inc. acquired a new stake in shares of Schwab 1000 Index ETF during the third quarter worth about $34,000. Private Ocean LLC lifted its position in shares of Schwab 1000 Index ETF by 73.4% during the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock worth $37,000 after purchasing an additional 337 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Schwab 1000 Index ETF during the fourth quarter worth about $43,000. Resurgent Financial Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF during the fourth quarter worth about $54,000. Finally, Bank of Montreal Can lifted its position in shares of Schwab 1000 Index ETF by 457.9% during the second quarter. Bank of Montreal Can now owns 2,555 shares of the company’s stock worth $96,000 after purchasing an additional 2,097 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

SCHK stock opened at $49.75 on Thursday. The company’s 50 day moving average price is $49.30 and its 200 day moving average price is $45.68. Schwab 1000 Index ETF has a fifty-two week low of $38.87 and a fifty-two week high of $50.77. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 18.03 and a beta of 1.02.

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.