Brookwood Investment Group LLC decreased its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK – Free Report) by 10.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,138 shares of the company’s stock after selling 5,831 shares during the period. Brookwood Investment Group LLC’s holdings in Schwab 1000 Index ETF were worth $1,435,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its stake in Schwab 1000 Index ETF by 4.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,290 shares of the company’s stock worth $247,000 after acquiring an additional 347 shares in the last quarter. Brucke Financial Inc. lifted its stake in Schwab 1000 Index ETF by 3.9% during the 2nd quarter. Brucke Financial Inc. now owns 9,659 shares of the company’s stock worth $288,000 after acquiring an additional 366 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in Schwab 1000 Index ETF by 3.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 11,767 shares of the company’s stock worth $317,000 after acquiring an additional 400 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Schwab 1000 Index ETF by 49.2% during the 2nd quarter. Sound Income Strategies LLC now owns 1,498 shares of the company’s stock worth $45,000 after acquiring an additional 494 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in Schwab 1000 Index ETF by 5.9% during the 1st quarter. Allworth Financial LP now owns 14,069 shares of the company’s stock worth $371,000 after acquiring an additional 790 shares in the last quarter.
Schwab 1000 Index ETF Trading Up 0.8%
SCHK opened at $32.66 on Monday. The stock’s 50-day moving average price is $31.75 and its 200 day moving average price is $29.79. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $32.72. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 25.42 and a beta of 1.02.
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.
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