Financial Engines Advisors L.L.C. Acquires 19,115,413 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Financial Engines Advisors L.L.C. increased its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 66.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,716,110 shares of the company’s stock after buying an additional 19,115,413 shares during the period. Schwab 1000 Index ETF accounts for about 2.8% of Financial Engines Advisors L.L.C.’s investment portfolio, making the stock its 13th biggest holding. Financial Engines Advisors L.L.C. owned approximately 70.17% of Schwab 1000 Index ETF worth $1,350,843,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SCHK. Signature Estate & Investment Advisors LLC raised its position in shares of Schwab 1000 Index ETF by 99.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 199,152 shares of the company’s stock valued at $5,638,000 after acquiring an additional 99,430 shares during the last quarter. LPL Financial LLC increased its holdings in Schwab 1000 Index ETF by 110.2% in the fourth quarter. LPL Financial LLC now owns 102,825 shares of the company’s stock valued at $2,911,000 after purchasing an additional 53,898 shares during the last quarter. Sandy Spring Bank lifted its stake in Schwab 1000 Index ETF by 99.9% in the fourth quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock valued at $44,000 after buying an additional 774 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Schwab 1000 Index ETF by 90.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 7,454 shares of the company’s stock worth $211,000 after buying an additional 3,542 shares during the last quarter. Finally, Cassady Schiller Wealth Management LLC grew its position in shares of Schwab 1000 Index ETF by 112.1% during the 4th quarter. Cassady Schiller Wealth Management LLC now owns 136,558 shares of the company’s stock worth $3,866,000 after buying an additional 72,160 shares during the period.

Schwab 1000 Index ETF Price Performance

Shares of SCHK stock opened at $27.84 on Wednesday. The stock has a 50-day moving average of $28.54 and a 200-day moving average of $28.35. Schwab 1000 Index ETF has a one year low of $23.86 and a one year high of $29.65. The stock has a market cap of $3.91 billion, a PE ratio of 24.25 and a beta of 1.04.

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.