Gemmer Asset Management LLC Buys 10,686 Shares of Schwab 1000 Index ETF $SCHK

Gemmer Asset Management LLC increased its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 58.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,934 shares of the company’s stock after acquiring an additional 10,686 shares during the period. Gemmer Asset Management LLC’s holdings in Schwab 1000 Index ETF were worth $863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Waddell & Associates LLC raised its position in Schwab 1000 Index ETF by 2.8% during the 1st quarter. Waddell & Associates LLC now owns 1,994,283 shares of the company’s stock valued at $53,686,000 after purchasing an additional 55,225 shares during the last quarter. Plum Street Advisors LLC raised its position in Schwab 1000 Index ETF by 2.1% during the 1st quarter. Plum Street Advisors LLC now owns 745,637 shares of the company’s stock valued at $20,073,000 after purchasing an additional 15,516 shares during the last quarter. GAMMA Investing LLC raised its position in Schwab 1000 Index ETF by 2,592.0% during the 1st quarter. GAMMA Investing LLC now owns 494,359 shares of the company’s stock valued at $13,308,000 after purchasing an additional 475,995 shares during the last quarter. Lighthouse Wealth Management Inc. raised its position in Schwab 1000 Index ETF by 0.3% during the 2nd quarter. Lighthouse Wealth Management Inc. now owns 344,735 shares of the company’s stock valued at $10,280,000 after purchasing an additional 1,134 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its position in Schwab 1000 Index ETF by 0.5% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 200,177 shares of the company’s stock valued at $5,389,000 after purchasing an additional 1,025 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK opened at $32.29 on Friday. The business has a 50 day simple moving average of $31.30 and a two-hundred day simple moving average of $29.16. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 25.42 and a beta of 1.02. Schwab 1000 Index ETF has a one year low of $23.18 and a one year high of $32.45.

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.