OneDigital Investment Advisors LLC Raises Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

OneDigital Investment Advisors LLC lifted its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 93.1% in the fourth quarter, Holdings Channel reports. The firm owned 11,367 shares of the company’s stock after buying an additional 5,481 shares during the period. OneDigital Investment Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $322,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. MML Investors Services LLC grew its position in shares of Schwab 1000 Index ETF by 103.7% during the 4th quarter. MML Investors Services LLC now owns 74,260 shares of the company’s stock worth $2,102,000 after buying an additional 37,806 shares in the last quarter. NewEdge Advisors LLC increased its position in Schwab 1000 Index ETF by 93.9% during the 4th quarter. NewEdge Advisors LLC now owns 2,947 shares of the company’s stock valued at $83,000 after purchasing an additional 1,427 shares during the period. Main Street Financial Solutions LLC raised its holdings in shares of Schwab 1000 Index ETF by 108.2% in the 4th quarter. Main Street Financial Solutions LLC now owns 303,389 shares of the company’s stock valued at $8,589,000 after purchasing an additional 157,647 shares in the last quarter. Mariner LLC lifted its position in shares of Schwab 1000 Index ETF by 135.1% in the 4th quarter. Mariner LLC now owns 242,893 shares of the company’s stock worth $6,876,000 after purchasing an additional 139,568 shares during the period. Finally, RE Dickinson Investment Advisors LLC raised its stake in Schwab 1000 Index ETF by 183.3% in the fourth quarter. RE Dickinson Investment Advisors LLC now owns 9,180 shares of the company’s stock worth $260,000 after buying an additional 5,940 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 0.7 %

Shares of NYSEARCA SCHK opened at $26.53 on Monday. The stock has a market capitalization of $3.86 billion, a PE ratio of 24.74 and a beta of 1.03. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $29.65. The stock’s fifty day simple moving average is $26.83 and its two-hundred day simple moving average is $28.08.

Schwab 1000 Index ETF Cuts Dividend

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

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.