123,607 Schwab 1000 Index ETF $SCHK Shares Sold by Legacy Wealth Management LLC

Legacy Wealth Management LLC lowered its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 2.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 5,724,705 shares of the company’s stock after selling 123,607 shares during the period. Schwab 1000 Index ETF accounts for 11.1% of Legacy Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Legacy Wealth Management LLC owned about 3.67% of Schwab 1000 Index ETF worth $209,868,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SCHK. Archer Investment Corp bought a new stake in Schwab 1000 Index ETF in the 1st quarter valued at about $26,000. CoreCap Advisors LLC acquired a new position in Schwab 1000 Index ETF during the 3rd quarter valued at about $51,000. Sound Income Strategies LLC grew its position in Schwab 1000 Index ETF by 53.8% in the 1st quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock worth $63,000 after purchasing an additional 703 shares during the last quarter. Angeles Wealth Management LLC bought a new position in Schwab 1000 Index ETF in the 1st quarter worth about $63,000. Finally, JFS Wealth Advisors LLC grew its position in Schwab 1000 Index ETF by 385.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 1,911 shares of the company’s stock worth $69,000 after purchasing an additional 1,517 shares during the last quarter.

Schwab 1000 Index ETF Trading Down 0.5%

Shares of NYSEARCA:SCHK opened at $36.49 on Friday. Schwab 1000 Index ETF has a 52 week low of $30.30 and a 52 week high of $37.62. The firm’s 50 day moving average is $36.96 and its two-hundred day moving average is $36.03. The firm has a market capitalization of $5.70 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.