Evanson Asset Management LLC Grows Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Evanson Asset Management LLC boosted its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 101.1% in the fourth quarter, HoldingsChannel reports. The fund owned 31,564 shares of the company’s stock after acquiring an additional 15,865 shares during the period. Evanson Asset Management LLC’s holdings in Schwab 1000 Index ETF were worth $894,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Creative Planning increased its stake in shares of Schwab 1000 Index ETF by 14.8% during the second quarter. Creative Planning now owns 48,746 shares of the company’s stock valued at $2,551,000 after purchasing an additional 6,301 shares in the last quarter. Silver Lake Advisory LLC purchased a new stake in shares of Schwab 1000 Index ETF in the 2nd quarter worth approximately $1,151,000. Northwestern Mutual Wealth Management Co. increased its position in Schwab 1000 Index ETF by 5.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,890 shares of the company’s stock valued at $1,250,000 after buying an additional 1,255 shares in the last quarter. Cetera Investment Advisers raised its stake in Schwab 1000 Index ETF by 1.4% during the second quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock valued at $1,524,000 after buying an additional 394 shares during the last quarter. Finally, Miracle Mile Advisors LLC bought a new stake in Schwab 1000 Index ETF in the third quarter worth $225,000.

Schwab 1000 Index ETF Trading Up 1.0 %

NYSEARCA SCHK opened at $28.94 on Monday. Schwab 1000 Index ETF has a 12 month low of $22.83 and a 12 month high of $29.54. The stock’s fifty day moving average price is $28.81 and its 200-day moving average price is $27.66. The stock has a market cap of $1.97 billion, a P/E ratio of 26.06 and a beta of 1.02.

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.