Red Tortoise LLC Grows Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Red Tortoise LLC grew its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 55.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,901 shares of the company’s stock after buying an additional 12,499 shares during the quarter. Red Tortoise LLC’s holdings in Schwab 1000 Index ETF were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Breakwater Investment Management raised its stake in shares of Schwab 1000 Index ETF by 100.0% during the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after purchasing an additional 587 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in Schwab 1000 Index ETF by 100.6% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,255 shares of the company’s stock valued at $92,000 after acquiring an additional 1,632 shares during the last quarter. Pflug Koory LLC grew its position in shares of Schwab 1000 Index ETF by 100.0% during the 4th quarter. Pflug Koory LLC now owns 4,836 shares of the company’s stock valued at $137,000 after acquiring an additional 2,418 shares during the period. Spinnaker Trust purchased a new stake in shares of Schwab 1000 Index ETF during the 3rd quarter worth approximately $200,000. Finally, Thomasville National Bank raised its holdings in shares of Schwab 1000 Index ETF by 95.1% in the 4th quarter. Thomasville National Bank now owns 7,100 shares of the company’s stock worth $201,000 after purchasing an additional 3,460 shares during the period.

Schwab 1000 Index ETF Trading Down 0.5 %

Schwab 1000 Index ETF stock opened at $29.15 on Monday. The business’s 50 day simple moving average is $28.92 and its 200 day simple moving average is $27.83. Schwab 1000 Index ETF has a 12 month low of $23.33 and a 12 month high of $29.57. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02.

About Schwab 1000 Index ETF

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.