Claro Advisors LLC Takes $1.09 Million Position in Schwab 1000 Index ETF $SCHK

Claro Advisors LLC purchased a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the third quarter, Holdings Channel.com reports. The fund purchased 33,795 shares of the company’s stock, valued at approximately $1,085,000.

Other large investors have also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. purchased a new position in Schwab 1000 Index ETF in the third quarter worth approximately $32,000. Atlantic Union Bankshares Corp acquired a new position in shares of Schwab 1000 Index ETF in the 2nd quarter valued at $85,000. AlphaCore Capital LLC grew its holdings in shares of Schwab 1000 Index ETF by 15.6% during the 2nd quarter. AlphaCore Capital LLC now owns 3,696 shares of the company’s stock worth $110,000 after purchasing an additional 500 shares during the period. AE Wealth Management LLC grew its holdings in shares of Schwab 1000 Index ETF by 753.3% during the 2nd quarter. AE Wealth Management LLC now owns 4,096 shares of the company’s stock worth $122,000 after purchasing an additional 3,616 shares during the period. Finally, Simplex Trading LLC acquired a new stake in shares of Schwab 1000 Index ETF during the 2nd quarter worth about $123,000.

Schwab 1000 Index ETF Trading Down 1.0%

Shares of SCHK opened at $32.77 on Wednesday. The company’s 50-day moving average price is $33.17 and its 200 day moving average price is $32.51. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $33.62. The firm has a market cap of $4.90 billion, a P/E 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.