Principia Wealth Advisory LLC Has $4.20 Million Stock Position in Schwab 1000 Index ETF $SCHK

Principia Wealth Advisory LLC boosted its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 1,091.9% during the second quarter, Holdings Channel reports. The institutional investor owned 116,446 shares of the company’s stock after buying an additional 106,676 shares during the period. Schwab 1000 Index ETF comprises approximately 0.9% of Principia Wealth Advisory LLC’s investment portfolio, making the stock its 14th biggest position. Principia Wealth Advisory LLC’s holdings in Schwab 1000 Index ETF were worth $4,198,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Cambient Family Office LLC boosted its holdings in shares of Schwab 1000 Index ETF by 1.5% during the first quarter. Cambient Family Office LLC now owns 23,966 shares of the company’s stock worth $751,000 after acquiring an additional 346 shares during the period. IFP Advisors Inc increased its stake in shares of Schwab 1000 Index ETF by 10.9% during the fourth quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock worth $128,000 after purchasing an additional 382 shares during the period. Sanctuary Advisors LLC increased its stake in shares of Schwab 1000 Index ETF by 1.7% during the first quarter. Sanctuary Advisors LLC now owns 30,659 shares of the company’s stock worth $961,000 after purchasing an additional 498 shares during the period. Guardian Wealth Advisors LLC NC lifted its holdings in Schwab 1000 Index ETF by 0.7% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 77,113 shares of the company’s stock worth $2,781,000 after purchasing an additional 523 shares during the last quarter. Finally, Equitable Holdings Inc. lifted its holdings in Schwab 1000 Index ETF by 3.0% during the 3rd quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock worth $693,000 after purchasing an additional 635 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK opened at $37.14 on Monday. The business has a fifty day simple moving average of $36.53 and a 200 day simple moving average of $34.89. The company has a market capitalization of $5.90 billion, a PE ratio of 25.42 and a beta of 1.01. Schwab 1000 Index ETF has a 1 year low of $30.30 and a 1 year high of $37.62.

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.