Richardson Capital Management LLC Sells 16,251 Shares of Schwab 1000 Index ETF $SCHK

Richardson Capital Management LLC lessened its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 18.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,794 shares of the company’s stock after selling 16,251 shares during the quarter. Schwab 1000 Index ETF makes up approximately 1.1% of Richardson Capital Management LLC’s holdings, making the stock its 10th largest holding. Richardson Capital Management LLC’s holdings in Schwab 1000 Index ETF were worth $2,338,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Creative Planning raised its position in shares of Schwab 1000 Index ETF by 262.0% in the 2nd quarter. Creative Planning now owns 3,092,202 shares of the company’s stock worth $92,209,000 after buying an additional 2,238,007 shares during the period. Blue Capital Inc. purchased a new stake in shares of Schwab 1000 Index ETF during the second quarter valued at approximately $2,571,000. Orser Capital Management LLC acquired a new position in Schwab 1000 Index ETF in the 3rd quarter worth $2,676,000. Jane Street Group LLC acquired a new position in shares of Schwab 1000 Index ETF in the first quarter worth about $2,157,000. Finally, US Bancorp DE boosted its stake in shares of Schwab 1000 Index ETF by 38.1% during the 2nd quarter. US Bancorp DE now owns 217,159 shares of the company’s stock valued at $6,476,000 after buying an additional 59,931 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK opened at $33.23 on Monday. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $33.56. The stock has a market capitalization of $4.95 billion, a PE ratio of 25.42 and a beta of 1.02. The firm’s fifty day moving average price is $32.86 and its 200 day moving average price is $32.01.

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.