Schwab 1000 Index ETF (NYSEARCA:SCHK) Holdings Boosted by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC lifted its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,313 shares of the company’s stock after purchasing an additional 8,182 shares during the quarter. Pinion Investment Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $462,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab 1000 Index ETF by 6.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,562 shares of the company’s stock valued at $529,000 after acquiring an additional 611 shares during the period. Chicago Partners Investment Group LLC increased its position in shares of Schwab 1000 Index ETF by 99.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 15,041 shares of the company’s stock valued at $832,000 after purchasing an additional 7,517 shares during the period. Spinnaker Trust acquired a new position in Schwab 1000 Index ETF during the third quarter worth about $200,000. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF during the 3rd quarter valued at $17,174,000. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Schwab 1000 Index ETF by 5.8% in the third quarter. Main Street Financial Solutions LLC now owns 145,742 shares of the company’s stock worth $8,058,000 after buying an additional 8,033 shares during the period.

Schwab 1000 Index ETF Trading Down 1.7 %

Shares of SCHK stock opened at $28.16 on Tuesday. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 26.34 and a beta of 1.03. The stock’s fifty day simple moving average is $28.93 and its 200-day simple moving average is $28.28. Schwab 1000 Index ETF has a 1-year low of $23.86 and a 1-year high of $29.65.

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.