Cerity Partners LLC Has $2.66 Million Stock Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Cerity Partners LLC raised its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,108 shares of the company’s stock after acquiring an additional 47,094 shares during the period. Cerity Partners LLC’s holdings in Schwab 1000 Index ETF were worth $2,664,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SCHK. GHP Investment Advisors Inc. increased its stake in Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after acquiring an additional 488 shares during the period. Blue Trust Inc. boosted its holdings in Schwab 1000 Index ETF by 100.0% during the fourth quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after purchasing an additional 574 shares in the last quarter. Breakwater Investment Management grew its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock valued at $33,000 after purchasing an additional 587 shares during the period. Mather Group LLC. raised its holdings in shares of Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after buying an additional 472 shares in the last quarter. Finally, Sandy Spring Bank lifted its position in shares of Schwab 1000 Index ETF by 99.9% during the 4th quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock worth $44,000 after buying an additional 774 shares during the period.

Schwab 1000 Index ETF Price Performance

Shares of NYSEARCA:SCHK opened at $25.90 on Tuesday. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 24.11 and a beta of 1.04. The business’s fifty day moving average price is $27.50 and its two-hundred day moving average price is $28.20. Schwab 1000 Index ETF has a fifty-two week low of $23.18 and a fifty-two week high of $29.65.

Schwab 1000 Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.0808 per share. The ex-dividend date was Wednesday, March 26th.

About Schwab 1000 Index ETF

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.