Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Acquired by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. lifted its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 114.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,722 shares of the company’s stock after acquiring an additional 13,727 shares during the period. Johnson Investment Counsel Inc.’s holdings in Schwab 1000 Index ETF were worth $728,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SCHK. Legacy Wealth Management Inc grew its stake in shares of Schwab 1000 Index ETF by 94.0% in the 4th quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock valued at $197,340,000 after purchasing an additional 3,377,865 shares during the last quarter. Armstrong Advisory Group Inc. grew its stake in shares of Schwab 1000 Index ETF by 107.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock valued at $74,548,000 after purchasing an additional 1,363,200 shares during the last quarter. Lighthouse Wealth Management Inc. acquired a new stake in shares of Schwab 1000 Index ETF in the 4th quarter valued at approximately $9,549,000. Blake Schutter Theil Wealth Advisors LLC lifted its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blake Schutter Theil Wealth Advisors LLC now owns 621,234 shares of the company’s stock valued at $17,587,000 after buying an additional 310,617 shares during the period. Finally, Donor Advised Charitable Giving Inc. lifted its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Donor Advised Charitable Giving Inc. now owns 120,288 shares of the company’s stock valued at $3,405,000 after buying an additional 60,144 shares during the period.

Schwab 1000 Index ETF Price Performance

SCHK opened at $26.91 on Thursday. The business has a 50 day simple moving average of $28.77 and a 200-day simple moving average of $28.31. The stock has a market capitalization of $3.78 billion, a P/E ratio of 24.25 and a beta of 1.04. Schwab 1000 Index ETF has a 12 month low of $23.86 and a 12 month high of $29.65.

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.