88,672 Schwab 1000 Index ETF $SCHK Shares Bought by Pension & Wealth Management Advisors Inc.

Pension & Wealth Management Advisors Inc. increased its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 6.8% during the third quarter, HoldingsChannel reports. The fund owned 1,397,559 shares of the company’s stock after buying an additional 88,672 shares during the quarter. Schwab 1000 Index ETF comprises about 11.5% of Pension & Wealth Management Advisors Inc.’s portfolio, making the stock its largest holding. Pension & Wealth Management Advisors Inc.’s holdings in Schwab 1000 Index ETF were worth $51,235,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cooper Haims Advisors LLC acquired a new position in Schwab 1000 Index ETF in the 2nd quarter worth about $36,003,000. Avant Capital LLC boosted its stake in shares of Schwab 1000 Index ETF by 1,802.1% during the second quarter. Avant Capital LLC now owns 574,656 shares of the company’s stock valued at $20,722,000 after purchasing an additional 544,444 shares in the last quarter. JNBA Financial Advisors bought a new stake in shares of Schwab 1000 Index ETF during the second quarter worth about $19,247,000. Lighthouse Wealth Management Inc. grew its holdings in shares of Schwab 1000 Index ETF by 4.3% during the first quarter. Lighthouse Wealth Management Inc. now owns 391,661 shares of the company’s stock worth $12,271,000 after purchasing an additional 16,321 shares during the last quarter. Finally, Nwam LLC bought a new stake in shares of Schwab 1000 Index ETF during the second quarter worth about $9,425,000.

Schwab 1000 Index ETF Stock Performance

Shares of Schwab 1000 Index ETF stock traded down $0.43 on Friday, hitting $36.63. The stock had a trading volume of 1,741,210 shares, compared to its average volume of 1,328,609. The stock has a 50 day moving average of $37.02 and a 200 day moving average of $35.83. Schwab 1000 Index ETF has a twelve month low of $30.30 and a twelve month high of $37.62. The firm has a market capitalization of $5.72 billion, a P/E ratio of 25.42 and a beta of 1.01.

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.