Schwab 1000 Index ETF (NYSEARCA:SCHK) Stake Boosted by Legacy Wealth Management Inc

Legacy Wealth Management Inc boosted its stake in Schwab 1000 Index ETF (NYSEARCA:SCHKFree Report) by 0.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,613,960 shares of the company’s stock after purchasing an additional 835 shares during the period. Schwab 1000 Index ETF comprises 31.4% of Legacy Wealth Management Inc’s investment portfolio, making the stock its largest position. Legacy Wealth Management Inc owned 12.77% of Schwab 1000 Index ETF worth $396,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. TIAA Trust National Association purchased a new position in shares of Schwab 1000 Index ETF during the fourth quarter valued at approximately $388,000. Private Ocean LLC increased its stake in shares of Schwab 1000 Index ETF by 73.4% during the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock valued at $37,000 after buying an additional 337 shares during the period. Sherrill & Hutchins Financial Advisory Inc purchased a new position in shares of Schwab 1000 Index ETF during the fourth quarter valued at approximately $866,000. Armstrong Advisory Group Inc. increased its stake in shares of Schwab 1000 Index ETF by 1.7% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246,826 shares of the company’s stock valued at $57,429,000 after buying an additional 21,261 shares during the period. Finally, ZRC Wealth Management LLC purchased a new position in shares of Schwab 1000 Index ETF during the fourth quarter valued at approximately $153,000.

Schwab 1000 Index ETF Stock Up 0.7 %

Shares of SCHK traded up $0.33 during mid-day trading on Thursday, hitting $50.60. 19,893 shares of the company’s stock traded hands, compared to its average volume of 355,645. Schwab 1000 Index ETF has a 1 year low of $38.87 and a 1 year high of $50.77. The firm has a market capitalization of $3.41 billion, a P/E ratio of 18.03 and a beta of 1.02. The business’s 50-day moving average price is $49.02 and its 200-day moving average price is $45.41.

Schwab 1000 Index ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab 1000 Index ETF (NYSEARCA:SCHK)

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