McAdam LLC Has $446,000 Stock Position in Schwab 1000 ETF (NYSEARCA:SCHK)

McAdam LLC lessened its position in shares of Schwab 1000 ETF (NYSEARCA:SCHK) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,685 shares of the company’s stock after selling 316 shares during the quarter. McAdam LLC’s holdings in Schwab 1000 ETF were worth $446,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Ocean LLC boosted its stake in Schwab 1000 ETF by 73.4% during the fourth quarter. Private Ocean LLC now owns 796 shares of the company’s stock worth $37,000 after buying an additional 337 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Schwab 1000 ETF during the 4th quarter valued at about $43,000. ZRC Wealth Management LLC acquired a new stake in shares of Schwab 1000 ETF during the 4th quarter valued at about $153,000. MCF Advisors LLC bought a new stake in Schwab 1000 ETF in the fourth quarter valued at about $184,000. Finally, Thomasville National Bank acquired a new position in Schwab 1000 ETF in the fourth quarter worth about $207,000.

Schwab 1000 ETF Stock Up 0.4 %

Shares of SCHK opened at $49.32 on Tuesday. The company has a 50-day moving average price of $49.48 and a two-hundred day moving average price of $46.34. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 25.01 and a beta of 1.02. Schwab 1000 ETF has a 12 month low of $38.87 and a 12 month high of $50.77.

Schwab 1000 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.