Verity & Verity LLC Has $382,000 Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Verity & Verity LLC raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 94.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,496 shares of the company’s stock after purchasing an additional 6,546 shares during the quarter. Verity & Verity LLC’s holdings in Schwab 1000 Index ETF were worth $382,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SCHK. HighTower Advisors LLC boosted its holdings in Schwab 1000 Index ETF by 36.9% in the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock worth $311,000 after purchasing an additional 1,512 shares in the last quarter. Invst LLC acquired a new position in shares of Schwab 1000 Index ETF during the 3rd quarter valued at about $208,000. GAMMA Investing LLC raised its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. GAMMA Investing LLC now owns 18,364 shares of the company’s stock valued at $520,000 after acquiring an additional 9,182 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in shares of Schwab 1000 Index ETF by 100.7% in the 4th quarter. Miracle Mile Advisors LLC now owns 8,153 shares of the company’s stock valued at $231,000 after acquiring an additional 4,090 shares in the last quarter. Finally, Omega Financial Group LLC lifted its holdings in Schwab 1000 Index ETF by 60.1% in the 4th quarter. Omega Financial Group LLC now owns 8,809 shares of the company’s stock worth $249,000 after purchasing an additional 3,306 shares during the last quarter.

Schwab 1000 Index ETF Trading Up 1.0 %

NYSEARCA:SCHK opened at $28.94 on Friday. The firm has a market capitalization of $1.97 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 1 year low of $22.83 and a 1 year high of $29.54. The firm’s fifty day simple moving average is $28.81 and its 200 day simple moving average is $27.64.

Schwab 1000 Index ETF Company 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.