Omega Financial Group LLC Increases Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Omega Financial Group LLC increased its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 60.1% in the 4th quarter, Holdings Channel reports. The firm owned 8,809 shares of the company’s stock after buying an additional 3,306 shares during the period. Omega Financial Group LLC’s holdings in Schwab 1000 Index ETF were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. lifted its holdings in Schwab 1000 Index ETF by 107.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock valued at $74,548,000 after acquiring an additional 1,363,200 shares during the period. Blake Schutter Theil Wealth Advisors LLC purchased a new stake in shares of Schwab 1000 Index ETF during the 3rd quarter valued at about $17,174,000. International Assets Investment Management LLC lifted its stake in shares of Schwab 1000 Index ETF by 19,941.3% in the 3rd quarter. International Assets Investment Management LLC now owns 107,622 shares of the company’s stock worth $5,950,000 after purchasing an additional 107,085 shares during the period. Parkside Advisors LLC lifted its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Parkside Advisors LLC now owns 120,127 shares of the company’s stock worth $3,401,000 after purchasing an additional 60,063 shares during the period. Finally, Silver Lake Advisory LLC purchased a new position in shares of Schwab 1000 Index ETF in the second quarter worth approximately $1,151,000.

Schwab 1000 Index ETF Trading Down 0.1 %

Shares of SCHK stock opened at $28.66 on Friday. Schwab 1000 Index ETF has a 12 month low of $22.70 and a 12 month high of $29.54. The stock has a market cap of $1.95 billion, a P/E ratio of 26.06 and a beta of 1.02. The company has a 50 day simple moving average of $28.81 and a two-hundred day simple moving average of $27.62.

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.