Evanson Asset Management LLC Boosts Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Evanson Asset Management LLC increased its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 101.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,564 shares of the company’s stock after acquiring an additional 15,865 shares during the period. Evanson Asset Management LLC’s holdings in Schwab 1000 Index ETF were worth $894,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHK. Creative Planning boosted its holdings in shares of Schwab 1000 Index ETF by 14.8% in the 2nd quarter. Creative Planning now owns 48,746 shares of the company’s stock worth $2,551,000 after purchasing an additional 6,301 shares in the last quarter. Silver Lake Advisory LLC bought a new position in Schwab 1000 Index ETF during the second quarter valued at approximately $1,151,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab 1000 Index ETF by 5.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,890 shares of the company’s stock worth $1,250,000 after acquiring an additional 1,255 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Schwab 1000 Index ETF by 1.4% in the 2nd quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock worth $1,524,000 after acquiring an additional 394 shares during the last quarter. Finally, Miracle Mile Advisors LLC purchased a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at $225,000.

Schwab 1000 Index ETF Stock Performance

SCHK stock opened at $28.94 on Monday. The firm has a market cap of $1.97 billion, a P/E ratio of 26.06 and a beta of 1.02. The firm’s fifty day moving average is $28.81 and its 200 day moving average is $27.66. Schwab 1000 Index ETF has a 52 week low of $22.83 and a 52 week high of $29.54.

Schwab 1000 Index ETF 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.