Waddell & Associates LLC Acquires 63,322 Shares of Schwab 1000 Index ETF $SCHK

Waddell & Associates LLC raised its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,050,350 shares of the company’s stock after acquiring an additional 63,322 shares during the period. Schwab 1000 Index ETF comprises 5.5% of Waddell & Associates LLC’s holdings, making the stock its 8th biggest holding. Waddell & Associates LLC owned approximately 1.39% of Schwab 1000 Index ETF worth $65,857,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at approximately $32,000. Atlantic Union Bankshares Corp bought a new position in Schwab 1000 Index ETF in the 2nd quarter valued at approximately $85,000. AlphaCore Capital LLC boosted its position in Schwab 1000 Index ETF by 15.6% in the second quarter. AlphaCore Capital LLC now owns 3,696 shares of the company’s stock valued at $110,000 after buying an additional 500 shares in the last quarter. AE Wealth Management LLC boosted its position in Schwab 1000 Index ETF by 753.3% in the second quarter. AE Wealth Management LLC now owns 4,096 shares of the company’s stock valued at $122,000 after buying an additional 3,616 shares in the last quarter. Finally, Simplex Trading LLC bought a new stake in shares of Schwab 1000 Index ETF during the second quarter worth $123,000.

Schwab 1000 Index ETF Stock Performance

Shares of SCHK opened at $33.11 on Wednesday. Schwab 1000 Index ETF has a 52 week low of $23.18 and a 52 week high of $33.62. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 25.42 and a beta of 1.02. The stock has a fifty day moving average of $33.13 and a 200-day moving average of $32.43.

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.