Donor Advised Charitable Giving Inc. Has $3.41 Million Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Donor Advised Charitable Giving Inc. increased its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 120,288 shares of the company’s stock after purchasing an additional 60,144 shares during the quarter. Schwab 1000 Index ETF accounts for approximately 0.1% of Donor Advised Charitable Giving Inc.’s portfolio, making the stock its 7th largest position. Donor Advised Charitable Giving Inc.’s holdings in Schwab 1000 Index ETF were worth $3,405,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Cetera Investment Advisers boosted its holdings in shares of Schwab 1000 Index ETF by 1.4% during the second quarter. Cetera Investment Advisers now owns 29,119 shares of the company’s stock worth $1,524,000 after purchasing an additional 394 shares during the period. JPMorgan Chase & Co. grew its position in shares of Schwab 1000 Index ETF by 7.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock worth $315,000 after buying an additional 396 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab 1000 Index ETF by 6.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,562 shares of the company’s stock valued at $529,000 after buying an additional 611 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab 1000 Index ETF by 5.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,890 shares of the company’s stock valued at $1,250,000 after buying an additional 1,255 shares during the period. Finally, Cassady Schiller Wealth Management LLC raised its holdings in shares of Schwab 1000 Index ETF by 2.2% during the third quarter. Cassady Schiller Wealth Management LLC now owns 64,398 shares of the company’s stock valued at $3,561,000 after acquiring an additional 1,367 shares in the last quarter.

Schwab 1000 Index ETF Stock Up 1.0 %

NYSEARCA:SCHK opened at $28.94 on Monday. The firm’s fifty day simple moving average is $28.81 and its 200 day simple moving average is $27.66. The stock has a market cap of $1.97 billion, a P/E ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a twelve month low of $22.83 and a twelve month high of $29.54.

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.