Stratos Wealth Advisors LLC Purchases 8,354 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Stratos Wealth Advisors LLC grew its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 86.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,066 shares of the company’s stock after buying an additional 8,354 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Legacy Wealth Management Inc lifted its holdings in shares of Schwab 1000 Index ETF by 94.0% during the 4th quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock valued at $197,340,000 after buying an additional 3,377,865 shares during the period. Armstrong Advisory Group Inc. raised its holdings in 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 worth $74,548,000 after purchasing an additional 1,363,200 shares during the period. Waddell & Associates LLC raised its holdings in Schwab 1000 Index ETF by 1.4% in the 3rd quarter. Waddell & Associates LLC now owns 962,726 shares of the company’s stock worth $53,229,000 after purchasing an additional 13,201 shares during the period. Lighthouse Wealth Management Inc. bought a new position in Schwab 1000 Index ETF in the 4th quarter worth $9,549,000. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new position in Schwab 1000 Index ETF in the 3rd quarter worth $17,174,000.

Schwab 1000 Index ETF Stock Performance

Shares of Schwab 1000 Index ETF stock opened at $29.11 on Friday. Schwab 1000 Index ETF has a one year low of $23.72 and a one year high of $29.57. The stock’s fifty day moving average is $28.92 and its 200 day moving average is $27.90. The stock has a market cap of $1.98 billion, a P/E 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.