Main Street Financial Solutions LLC Buys 25,358 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Main Street Financial Solutions LLC boosted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 22.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 137,709 shares of the company’s stock after buying an additional 25,358 shares during the period. Main Street Financial Solutions LLC owned approximately 0.20% of Schwab 1000 Index ETF worth $7,206,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHK. Johnson Investment Counsel Inc. boosted its position in shares of Schwab 1000 Index ETF by 6.8% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 12,141 shares of the company’s stock valued at $635,000 after acquiring an additional 773 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in Schwab 1000 Index ETF during the second quarter valued at $2,278,000. Ritholtz Wealth Management purchased a new position in shares of Schwab 1000 Index ETF in the 2nd quarter worth $202,000. Aptus Capital Advisors LLC increased its holdings in shares of Schwab 1000 Index ETF by 9.4% in the 2nd quarter. Aptus Capital Advisors LLC now owns 37,403 shares of the company’s stock worth $1,957,000 after buying an additional 3,203 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Schwab 1000 Index ETF by 97.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 22,600 shares of the company’s stock valued at $1,183,000 after buying an additional 11,157 shares in the last quarter.

Schwab 1000 Index ETF Trading Up 1.1 %

Shares of NYSEARCA:SCHK opened at $53.31 on Thursday. The company has a 50-day moving average price of $52.90 and a 200 day moving average price of $51.29. Schwab 1000 Index ETF has a 12 month low of $39.41 and a 12 month high of $54.45. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02.

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.