61,009 Shares in Schwab 1000 Index ETF $SCHK Acquired by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC acquired a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 3rd quarter, Holdings Channel reports. The firm acquired 61,009 shares of the company’s stock, valued at approximately $2,237,000.

Other hedge funds also recently added to or reduced their stakes in the company. Armor Investment Advisors LLC acquired a new stake in Schwab 1000 Index ETF during the third quarter worth $25,000. Avion Wealth acquired a new position in shares of Schwab 1000 Index ETF in the 3rd quarter valued at $29,000. Archer Investment Corp acquired a new position in shares of Schwab 1000 Index ETF in the 1st quarter valued at $26,000. Costello Asset Management INC acquired a new position in shares of Schwab 1000 Index ETF in the 3rd quarter valued at $33,000. Finally, CoreCap Advisors LLC purchased a new position in shares of Schwab 1000 Index ETF during the 3rd quarter worth $51,000.

Schwab 1000 Index ETF Trading Up 2.5%

NYSEARCA SCHK opened at $36.21 on Tuesday. The stock has a market cap of $5.67 billion, a PE ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a twelve month low of $30.30 and a twelve month high of $37.62. The stock has a fifty day simple moving average of $36.82 and a 200-day simple moving average of $35.18.

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.