Stratos Wealth Advisors LLC Boosts Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Stratos Wealth Advisors LLC increased its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 86.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,066 shares of the company’s stock after buying an additional 8,354 shares during the period. Stratos Wealth Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $511,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Legacy Wealth Management Inc boosted its stake in Schwab 1000 Index ETF by 94.0% during the 4th quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock valued at $197,340,000 after purchasing an additional 3,377,865 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in Schwab 1000 Index ETF by 107.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock valued at $74,548,000 after purchasing an additional 1,363,200 shares during the last quarter. Waddell & Associates LLC boosted its stake in Schwab 1000 Index ETF by 1.4% during the 3rd quarter. Waddell & Associates LLC now owns 962,726 shares of the company’s stock valued at $53,229,000 after purchasing an additional 13,201 shares during the last quarter. Lighthouse Wealth Management Inc. purchased a new stake in Schwab 1000 Index ETF during the 4th quarter valued at $9,549,000. Finally, Blake Schutter Theil Wealth Advisors LLC purchased a new stake in Schwab 1000 Index ETF during the 3rd quarter valued at $17,174,000.

Schwab 1000 Index ETF Trading Down 0.9 %

Shares of SCHK opened at $29.11 on Friday. The business’s fifty day simple moving average is $28.92 and its two-hundred day simple moving average is $27.90. Schwab 1000 Index ETF has a 12 month low of $23.72 and a 12 month high of $29.57. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02.

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.