Red Door Wealth Management LLC Has $494,000 Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Red Door Wealth Management LLC trimmed its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 11.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,745 shares of the company’s stock after selling 1,287 shares during the quarter. Red Door Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $494,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Private Ocean LLC raised its stake in Schwab 1000 Index ETF by 73.4% in the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock valued at $37,000 after purchasing an additional 337 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of Schwab 1000 Index ETF during the 4th quarter worth approximately $43,000. Clear Investment Research LLC bought a new stake in shares of Schwab 1000 Index ETF during the 4th quarter worth approximately $87,000. TD Capital Management LLC increased its stake in Schwab 1000 Index ETF by 30.5% in the fourth quarter. TD Capital Management LLC now owns 2,508 shares of the company’s stock valued at $116,000 after acquiring an additional 586 shares during the last quarter. Finally, ZRC Wealth Management LLC bought a new position in Schwab 1000 Index ETF in the fourth quarter valued at approximately $153,000.

Schwab 1000 Index ETF Trading Down 0.4 %

NYSEARCA SCHK traded down $0.21 on Friday, hitting $52.33. 130,744 shares of the company’s stock were exchanged, compared to its average volume of 275,540. The stock has a 50-day moving average of $50.88 and a 200-day moving average of $49.02. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 52 week low of $39.41 and a 52 week high of $52.90.

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.