Breakwater Investment Management Has $33,000 Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Breakwater Investment Management grew its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,174 shares of the company’s stock after purchasing an additional 587 shares during the period. Breakwater Investment Management’s holdings in Schwab 1000 Index ETF were worth $33,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHK. Armstrong Advisory Group Inc. boosted its position in Schwab 1000 Index ETF by 107.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock worth $74,548,000 after buying an additional 1,363,200 shares during the period. Blake Schutter Theil Wealth Advisors LLC acquired a new position in shares of Schwab 1000 Index ETF during the third quarter worth $17,174,000. International Assets Investment Management LLC grew its stake in shares of Schwab 1000 Index ETF by 19,941.3% in the third 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 last quarter. Donor Advised Charitable Giving Inc. increased its holdings in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Donor Advised Charitable Giving Inc. now owns 120,288 shares of the company’s stock valued at $3,405,000 after purchasing an additional 60,144 shares during the period. Finally, Parkside Advisors LLC raised its position in Schwab 1000 Index ETF by 100.0% during 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 last quarter.

Schwab 1000 Index ETF Trading Up 1.0 %

Shares of SCHK opened at $28.94 on Tuesday. The stock’s 50-day moving average price is $28.81 and its two-hundred day moving average price is $27.68. Schwab 1000 Index ETF has a 12 month low of $22.83 and a 12 month high of $29.54. The company has a market capitalization of $1.97 billion, a PE ratio of 26.06 and a beta of 1.02.

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.