Cassady Schiller Wealth Management LLC Raises Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Cassady Schiller Wealth Management LLC grew its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 112.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 136,558 shares of the company’s stock after buying an additional 72,160 shares during the quarter. Schwab 1000 Index ETF makes up approximately 1.4% of Cassady Schiller Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Cassady Schiller Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $3,866,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Harbour Investments Inc. grew its holdings in shares of Schwab 1000 Index ETF by 75.6% during the fourth quarter. Harbour Investments Inc. now owns 1,545 shares of the company’s stock worth $44,000 after buying an additional 665 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Schwab 1000 Index ETF by 3.9% during the fourth quarter. Corient Private Wealth LLC now owns 12,281 shares of the company’s stock worth $348,000 after buying an additional 458 shares during the last quarter. Associated Banc Corp grew its holdings in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. Associated Banc Corp now owns 15,838 shares of the company’s stock worth $448,000 after buying an additional 7,919 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Schwab 1000 Index ETF by 106.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 46,741 shares of the company’s stock worth $1,323,000 after buying an additional 24,077 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its holdings in shares of Schwab 1000 Index ETF by 98.1% during the fourth quarter. HBK Sorce Advisory LLC now owns 134,140 shares of the company’s stock worth $3,798,000 after buying an additional 66,431 shares during the last quarter.

Schwab 1000 Index ETF Stock Up 2.2 %

NYSEARCA SCHK opened at $27.11 on Monday. Schwab 1000 Index ETF has a 52-week low of $23.86 and a 52-week high of $29.65. The business’s 50-day moving average price is $28.68 and its 200 day moving average price is $28.31. The firm has a market cap of $3.81 billion, a P/E ratio of 24.25 and a beta of 1.04.

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.