Schwab 1000 Index ETF $SCHK Shares Sold by Plum Street Advisors LLC

Plum Street Advisors LLC reduced its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 4.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 682,089 shares of the company’s stock after selling 28,246 shares during the period. Schwab 1000 Index ETF accounts for 8.5% of Plum Street Advisors LLC’s holdings, making the stock its 2nd biggest holding. Plum Street Advisors LLC owned 0.46% of Schwab 1000 Index ETF worth $21,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Creative Planning boosted its position in shares of Schwab 1000 Index ETF by 262.0% during the 2nd quarter. Creative Planning now owns 3,092,202 shares of the company’s stock worth $92,209,000 after purchasing an additional 2,238,007 shares in the last quarter. Waddell & Associates LLC increased its position in Schwab 1000 Index ETF by 3.2% in the 3rd quarter. Waddell & Associates LLC now owns 2,050,350 shares of the company’s stock valued at $65,857,000 after buying an additional 63,322 shares in the last quarter. Main Street Financial Solutions LLC raised its stake in Schwab 1000 Index ETF by 16.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 394,821 shares of the company’s stock worth $11,774,000 after buying an additional 54,677 shares during the period. Lighthouse Wealth Management Inc. raised its stake in Schwab 1000 Index ETF by 4.2% during the 3rd quarter. Lighthouse Wealth Management Inc. now owns 359,078 shares of the company’s stock worth $11,534,000 after buying an additional 14,343 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its holdings in Schwab 1000 Index ETF by 3.1% in the third quarter. Signature Estate & Investment Advisors LLC now owns 208,123 shares of the company’s stock worth $6,685,000 after acquiring an additional 6,320 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of Schwab 1000 Index ETF stock opened at $31.85 on Friday. Schwab 1000 Index ETF has a 52 week low of $23.18 and a 52 week high of $33.62. The stock has a 50 day moving average price of $33.08 and a two-hundred day moving average price of $32.57. The stock has a market capitalization of $4.76 billion, a PE ratio of 25.42 and a beta of 1.02.

Schwab 1000 Index ETF Company 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.