Brucke Financial Inc. Boosts Stake in Schwab 1000 Index ETF $SCHK

Brucke Financial Inc. lifted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,659 shares of the company’s stock after acquiring an additional 366 shares during the quarter. Brucke Financial Inc.’s holdings in Schwab 1000 Index ETF were worth $288,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Sound Income Strategies LLC acquired a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth about $27,000. Costello Asset Management INC raised its position in shares of Schwab 1000 Index ETF by 120.3% during the 1st quarter. Costello Asset Management INC now owns 1,577 shares of the company’s stock worth $42,000 after purchasing an additional 861 shares during the last quarter. Pinnacle Financial Partners Inc raised its position in shares of Schwab 1000 Index ETF by 100.0% during the 1st quarter. Pinnacle Financial Partners Inc now owns 2,000 shares of the company’s stock worth $57,000 after purchasing an additional 1,000 shares during the last quarter. National Bank of Canada FI acquired a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth about $69,000. Finally, Arlington Trust Co LLC acquired a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth about $83,000.

Schwab 1000 Index ETF Stock Down 2.7%

SCHK opened at $31.49 on Friday. Schwab 1000 Index ETF has a twelve month low of $23.18 and a twelve month high of $32.51. The company has a 50-day moving average price of $31.47 and a 200 day moving average price of $29.31. The company has a market cap of $4.59 billion, a PE ratio of 25.42 and a beta of 1.02.

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.