Nwam LLC Acquires Shares of 261,366 Schwab 1000 Index ETF $SCHK

Nwam LLC bought a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 261,366 shares of the company’s stock, valued at approximately $9,425,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHK. Cambient Family Office LLC boosted its stake in Schwab 1000 Index ETF by 1.5% in the 1st quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock worth $751,000 after purchasing an additional 346 shares in the last quarter. IFP Advisors Inc increased its stake in Schwab 1000 Index ETF by 10.9% during the 4th quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock valued at $128,000 after purchasing an additional 382 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in Schwab 1000 Index ETF by 1.7% in the first quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock worth $961,000 after buying an additional 498 shares during the last quarter. Equitable Holdings Inc. raised its holdings in Schwab 1000 Index ETF by 3.0% in the third 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 last quarter. Finally, Sound Income Strategies LLC lifted its stake in shares of Schwab 1000 Index ETF by 53.8% in the first quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock worth $63,000 after buying an additional 703 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of NYSEARCA SCHK opened at $36.97 on Tuesday. The firm’s 50 day moving average price is $36.40 and its 200-day moving average price is $34.78. Schwab 1000 Index ETF has a 52-week low of $30.30 and a 52-week high of $37.62. The company has a market cap of $5.87 billion, a PE ratio of 25.42 and a beta of 1.01.

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.