Parkside Advisors LLC Purchases 60,063 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Parkside Advisors LLC lifted its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,127 shares of the company’s stock after buying an additional 60,063 shares during the quarter. Schwab 1000 Index ETF makes up 0.8% of Parkside Advisors LLC’s holdings, making the stock its 22nd largest holding. Parkside Advisors LLC owned about 0.18% of Schwab 1000 Index ETF worth $3,401,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCHK. Spinnaker Trust acquired a new stake in Schwab 1000 Index ETF in the third quarter valued at approximately $200,000. Manchester Financial Inc. purchased a new stake in Schwab 1000 Index ETF during the 3rd quarter valued at about $206,000. Invst LLC purchased a new position in shares of Schwab 1000 Index ETF in the third quarter worth about $208,000. True Vision MN LLC purchased a new stake in Schwab 1000 Index ETF in the second quarter valued at approximately $210,000. Finally, Miracle Mile Advisors LLC purchased a new stake in Schwab 1000 Index ETF in the third quarter valued at approximately $225,000.

Schwab 1000 Index ETF Trading Down 0.5 %

NYSEARCA SCHK traded down $0.15 on Monday, hitting $27.93. 243,860 shares of the company’s stock traded hands, compared to its average volume of 578,797. The firm has a market capitalization of $1.90 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 1-year low of $22.70 and a 1-year high of $29.54. The firm’s 50-day moving average price is $28.79 and its two-hundred day moving average price is $27.58.

Schwab 1000 Index 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.