Schwab 1000 Index ETF $SCHK is Legacy Wealth Management Inc’s 3rd Largest Position

Legacy Wealth Management Inc lowered its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 3.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 6,117,568 shares of the company’s stock after selling 244,067 shares during the quarter. Schwab 1000 Index ETF comprises about 11.6% of Legacy Wealth Management Inc’s portfolio, making the stock its 3rd largest position. Legacy Wealth Management Inc’s holdings in Schwab 1000 Index ETF were worth $200,656,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Stevens Capital Partners increased its holdings in shares of Schwab 1000 Index ETF by 4.0% in the third quarter. Stevens Capital Partners now owns 12,720 shares of the company’s stock valued at $409,000 after purchasing an additional 489 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in shares of Schwab 1000 Index ETF by 3.3% during the second quarter. Beacon Pointe Advisors LLC now owns 15,563 shares of the company’s stock worth $464,000 after purchasing an additional 495 shares during the period. Clearstead Advisors LLC boosted its position in Schwab 1000 Index ETF by 1.7% in the third quarter. Clearstead Advisors LLC now owns 33,877 shares of the company’s stock valued at $1,088,000 after buying an additional 564 shares during the last quarter. Equitable Holdings Inc. increased its holdings in Schwab 1000 Index ETF by 3.0% in the 3rd quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock worth $693,000 after buying an additional 635 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Schwab 1000 Index ETF by 1.6% in the 2nd quarter. Raymond James Financial Inc. now owns 48,307 shares of the company’s stock worth $1,441,000 after buying an additional 746 shares during the period.

Schwab 1000 Index ETF Stock Performance

SCHK opened at $31.61 on Monday. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $33.62. The firm has a 50 day moving average of $32.54 and a two-hundred day moving average of $32.60. The firm has a market capitalization of $4.78 billion, a PE 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.