Accredited Investors Inc. Buys 4,365 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Accredited Investors Inc. raised its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,726 shares of the company’s stock after purchasing an additional 4,365 shares during the quarter. Accredited Investors Inc.’s holdings in Schwab 1000 Index ETF were worth $247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab 1000 Index ETF by 66.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 47,716,110 shares of the company’s stock valued at $1,350,843,000 after buying an additional 19,115,413 shares in the last quarter. Legacy Wealth Management Inc grew its position in Schwab 1000 Index ETF by 94.0% during the fourth quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock valued at $197,340,000 after acquiring an additional 3,377,865 shares during the last quarter. Warwick Investment Management Inc. raised its stake in shares of Schwab 1000 Index ETF by 109.2% during the fourth quarter. Warwick Investment Management Inc. now owns 4,387,948 shares of the company’s stock worth $124,223,000 after acquiring an additional 2,290,163 shares in the last quarter. Armstrong Advisory Group Inc. lifted its holdings in shares of Schwab 1000 Index ETF by 107.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock worth $74,548,000 after acquiring an additional 1,363,200 shares during the last quarter. Finally, Waddell & Associates LLC boosted its stake in shares of Schwab 1000 Index ETF by 101.4% in the 4th quarter. Waddell & Associates LLC now owns 1,939,058 shares of the company’s stock valued at $54,895,000 after purchasing an additional 976,332 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

SCHK stock opened at $25.25 on Friday. The firm has a market cap of $3.55 billion, a P/E ratio of 24.11 and a beta of 1.04. The firm’s fifty day moving average is $27.64 and its 200 day moving average is $28.22. Schwab 1000 Index ETF has a 52 week low of $23.18 and a 52 week high of $29.65.

Schwab 1000 Index ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.0808 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.