Bank of Montreal Can Raises Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Bank of Montreal Can boosted its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,034 shares of the company’s stock after purchasing an additional 3,525 shares during the period. Bank of Montreal Can’s holdings in Schwab 1000 Index ETF were worth $199,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Invst LLC acquired a new position in Schwab 1000 Index ETF during the third quarter worth about $208,000. GAMMA Investing LLC raised its holdings in Schwab 1000 Index ETF by 100.0% in the 4th quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock valued at $520,000 after acquiring an additional 9,182 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Schwab 1000 Index ETF by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock valued at $315,000 after buying an additional 396 shares during the period. Stratos Wealth Advisors LLC increased its position in Schwab 1000 Index ETF by 86.0% during the fourth quarter. Stratos Wealth Advisors LLC now owns 18,066 shares of the company’s stock worth $511,000 after purchasing an additional 8,354 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of Schwab 1000 Index ETF by 100.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 23,523 shares of the company’s stock valued at $666,000 after purchasing an additional 11,768 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

Shares of SCHK opened at $26.53 on Friday. Schwab 1000 Index ETF has a 12 month low of $23.18 and a 12 month high of $29.65. The stock’s 50-day moving average is $26.83 and its two-hundred day moving average is $28.07. The stock has a market cap of $3.86 billion, a PE ratio of 24.74 and a beta of 1.03.

Schwab 1000 Index ETF Cuts Dividend

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

Schwab 1000 Index ETF Company 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.