KCM Investment Advisors LLC Buys 4,856 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

KCM Investment Advisors LLC raised its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the fourth quarter, Holdings Channel reports. The firm owned 9,712 shares of the company’s stock after buying an additional 4,856 shares during the quarter. KCM Investment Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $275,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SCHK. Atlas Capital Advisors Inc. lifted its stake in shares of Schwab 1000 Index ETF by 66.8% in the 4th quarter. Atlas Capital Advisors Inc. now owns 2,154 shares of the company’s stock valued at $61,000 after purchasing an additional 863 shares during the period. D L Carlson Investment Group Inc. raised its holdings in Schwab 1000 Index ETF by 101.2% in the fourth quarter. D L Carlson Investment Group Inc. now owns 17,745 shares of the company’s stock worth $502,000 after purchasing an additional 8,924 shares in the last quarter. Blair William & Co. IL lifted its position in Schwab 1000 Index ETF by 1,244.0% during the fourth quarter. Blair William & Co. IL now owns 5,376 shares of the company’s stock valued at $152,000 after buying an additional 4,976 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Schwab 1000 Index ETF by 97.7% during the 4th quarter. JPMorgan Chase & Co. now owns 11,251 shares of the company’s stock valued at $319,000 after buying an additional 5,559 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. grew its position in shares of Schwab 1000 Index ETF by 66.8% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 47,716,110 shares of the company’s stock worth $1,350,843,000 after buying an additional 19,115,413 shares during the period.

Schwab 1000 Index ETF Price Performance

Shares of NYSEARCA SCHK opened at $24.34 on Monday. Schwab 1000 Index ETF has a 1 year low of $23.77 and a 1 year high of $29.65. The firm has a 50-day moving average of $28.14 and a 200 day moving average of $28.34. The stock has a market cap of $3.42 billion, a P/E ratio of 24.11 and a beta of 1.04.

Schwab 1000 Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.0808 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.