Lighthouse Wealth Management Inc. raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) by 4.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 391,661 shares of the company’s stock after purchasing an additional 16,321 shares during the quarter. Schwab 1000 Index ETF accounts for 8.3% of Lighthouse Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Lighthouse Wealth Management Inc.’s holdings in Schwab 1000 Index ETF were worth $12,271,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC acquired a new stake in shares of Schwab 1000 Index ETF during the fourth quarter worth approximately $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Schwab 1000 Index ETF in the 4th quarter worth approximately $31,000. Dorato Capital Management bought a new stake in Schwab 1000 Index ETF during the 4th quarter worth approximately $40,000. Garner Asset Management Corp bought a new stake in Schwab 1000 Index ETF during the 4th quarter worth approximately $44,000. Finally, Blue Trust Inc. increased its holdings in Schwab 1000 Index ETF by 149.6% during the 4th quarter. Blue Trust Inc. now owns 1,500 shares of the company’s stock valued at $49,000 after purchasing an additional 899 shares in the last quarter.
Schwab 1000 Index ETF Price Performance
SCHK stock opened at $36.06 on Wednesday. The business has a fifty day moving average price of $35.50 and a 200 day moving average price of $33.73. Schwab 1000 Index ETF has a fifty-two week low of $29.70 and a fifty-two week high of $36.63. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.
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.
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