Schwab 1000 Index ETF (NYSEARCA:SCHK) is Blake Schutter Theil Wealth Advisors LLC’s Largest Position

Blake Schutter Theil Wealth Advisors LLC lifted its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 621,234 shares of the company’s stock after buying an additional 310,617 shares during the period. Schwab 1000 Index ETF comprises about 18.6% of Blake Schutter Theil Wealth Advisors LLC’s holdings, making the stock its largest position. Blake Schutter Theil Wealth Advisors LLC owned approximately 0.91% of Schwab 1000 Index ETF worth $17,587,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SCHK. Blue Bell Private Wealth Management LLC boosted its position in Schwab 1000 Index ETF by 99.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 13,954 shares of the company’s stock worth $395,000 after purchasing an additional 6,957 shares during the period. Raymond James Financial Inc. bought a new stake in Schwab 1000 Index ETF during the fourth quarter worth about $1,398,000. Pinion Investment Advisors LLC grew its position in Schwab 1000 Index ETF by 100.6% during the fourth quarter. Pinion Investment Advisors LLC now owns 16,313 shares of the company’s stock valued at $462,000 after acquiring an additional 8,182 shares during the last quarter. Meridian Wealth Management LLC raised its position in Schwab 1000 Index ETF by 95.4% in the 4th quarter. Meridian Wealth Management LLC now owns 10,192 shares of the company’s stock worth $289,000 after purchasing an additional 4,977 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in Schwab 1000 Index ETF during the 4th quarter valued at about $99,000.

Schwab 1000 Index ETF Price Performance

SCHK opened at $27.74 on Friday. The business has a 50 day simple moving average of $28.83 and a two-hundred day simple moving average of $28.30. Schwab 1000 Index ETF has a one year low of $23.86 and a one year high of $29.65. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 26.34 and a beta of 1.03.

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.