Lighthouse Wealth Management Inc. increased its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) by 4.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 391,661 shares of the company’s stock after purchasing an additional 16,321 shares during the period. Schwab 1000 Index ETF makes up 8.3% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 4th biggest position. Lighthouse Wealth Management Inc. owned about 0.26% of Schwab 1000 Index ETF worth $12,271,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its holdings in Schwab 1000 Index ETF by 119.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,477,532 shares of the company’s stock valued at $114,063,000 after purchasing an additional 1,889,418 shares in the last quarter. Cornerstone Advisors Asset Management LLC raised its holdings in shares of Schwab 1000 Index ETF by 130.3% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 194,308 shares of the company’s stock worth $6,373,000 after buying an additional 109,944 shares in the last quarter. Wolfstich Capital LLC bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth approximately $3,557,000. Principia Wealth Advisory LLC bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth approximately $3,550,000. Finally, Bank of America Corp DE boosted its stake in Schwab 1000 Index ETF by 56.6% in the 3rd quarter. Bank of America Corp DE now owns 299,094 shares of the company’s stock valued at $9,607,000 after buying an additional 108,060 shares in the last quarter.
Schwab 1000 Index ETF Price Performance
Shares of SCHK stock opened at $36.06 on Wednesday. The stock’s fifty day simple moving average is $35.50 and its 200 day simple moving average is $33.73. Schwab 1000 Index ETF has a one year low of $29.70 and a one year high of $36.63. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 25.42 and a beta of 1.01.
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.
Read More
- Five stocks we like better than Schwab 1000 Index ETF
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for Schwab 1000 Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 1000 Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
