Pinion Investment Advisors LLC Has $489,000 Stock Holdings in Schwab 1000 Index ETF $SCHK

Pinion Investment Advisors LLC lowered its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 49.9% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,410 shares of the company’s stock after selling 16,316 shares during the period. Pinion Investment Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $489,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Sound Income Strategies LLC acquired a new position in Schwab 1000 Index ETF in the 1st quarter worth about $27,000. Costello Asset Management INC increased its holdings in Schwab 1000 Index ETF by 120.3% in the 1st quarter. Costello Asset Management INC now owns 1,577 shares of the company’s stock worth $42,000 after purchasing an additional 861 shares in the last quarter. Pinnacle Financial Partners Inc increased its holdings in Schwab 1000 Index ETF by 100.0% in the 1st quarter. Pinnacle Financial Partners Inc now owns 2,000 shares of the company’s stock worth $57,000 after purchasing an additional 1,000 shares in the last quarter. National Bank of Canada FI acquired a new position in Schwab 1000 Index ETF in the 1st quarter worth about $69,000. Finally, Arlington Trust Co LLC acquired a new position in Schwab 1000 Index ETF in the 1st quarter worth about $83,000.

Schwab 1000 Index ETF Trading Down 0.3%

NYSEARCA SCHK opened at $32.37 on Friday. The business’s 50-day moving average price is $31.44 and its two-hundred day moving average price is $29.28. Schwab 1000 Index ETF has a 12 month low of $23.18 and a 12 month high of $32.51. The firm has a market capitalization of $4.71 billion, a PE ratio of 25.42 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.