Adamsbrown Wealth Consultants LLC Makes New $201,000 Investment in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Adamsbrown Wealth Consultants LLC purchased a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 7,095 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds have also modified their holdings of SCHK. Breakwater Investment Management lifted its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock valued at $33,000 after buying an additional 587 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Schwab 1000 Index ETF by 100.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 3,255 shares of the company’s stock valued at $92,000 after buying an additional 1,632 shares during the period. Pflug Koory LLC lifted its holdings in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Pflug Koory LLC now owns 4,836 shares of the company’s stock valued at $137,000 after buying an additional 2,418 shares during the period. Spinnaker Trust acquired a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at approximately $200,000. Finally, Thomasville National Bank increased its stake in Schwab 1000 Index ETF by 95.1% in the 4th quarter. Thomasville National Bank now owns 7,100 shares of the company’s stock valued at $201,000 after purchasing an additional 3,460 shares in the last quarter.

Schwab 1000 Index ETF Price Performance

NYSEARCA SCHK opened at $29.15 on Monday. Schwab 1000 Index ETF has a 1-year low of $23.33 and a 1-year high of $29.57. The company has a market capitalization of $1.98 billion, a P/E ratio of 26.06 and a beta of 1.02. The business has a 50 day moving average price of $28.92 and a 200 day moving average price of $27.83.

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.