Visionary Wealth Advisors Has $692,000 Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Visionary Wealth Advisors trimmed its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 2.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 15,023 shares of the company’s stock after selling 306 shares during the period. Visionary Wealth Advisors’ holdings in Schwab 1000 Index ETF were worth $692,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHK. Warwick Investment Management Inc. acquired a new stake in Schwab 1000 Index ETF in the fourth quarter worth about $38,108,000. Financial Engines Advisors L.L.C. increased its position in Schwab 1000 Index ETF by 3.3% in the third quarter. Financial Engines Advisors L.L.C. now owns 24,787,431 shares of the company’s stock worth $1,023,721,000 after purchasing an additional 791,222 shares during the period. Cerity Partners LLC acquired a new stake in Schwab 1000 Index ETF in the fourth quarter worth about $2,207,000. International Assets Investment Management LLC increased its position in Schwab 1000 Index ETF by 4,506.0% in the fourth quarter. International Assets Investment Management LLC now owns 24,734 shares of the company’s stock worth $1,139,000 after purchasing an additional 24,197 shares during the period. Finally, Armstrong Advisory Group Inc. increased its position in Schwab 1000 Index ETF by 1.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,246,826 shares of the company’s stock worth $57,429,000 after purchasing an additional 21,261 shares during the period.

Schwab 1000 Index ETF Stock Up 0.2 %

Shares of SCHK stock opened at $51.65 on Wednesday. The stock has a 50-day moving average price of $50.05 and a 200 day moving average price of $48.24. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 12 month low of $39.41 and a 12 month high of $51.66.

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.