Fiduciary Financial Group LLC Has $2.97 Million Holdings in Schwab 1000 Index ETF $SCHK

Fiduciary Financial Group LLC grew its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,447 shares of the company’s stock after purchasing an additional 41,255 shares during the quarter. Fiduciary Financial Group LLC owned about 0.05% of Schwab 1000 Index ETF worth $2,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHK. Archer Investment Corp bought a new position in Schwab 1000 Index ETF during the first quarter worth $26,000. Atlas Capital Advisors Inc. acquired a new position in Schwab 1000 Index ETF in the fourth quarter valued at $31,000. Garner Asset Management Corp bought a new stake in Schwab 1000 Index ETF during the fourth quarter valued at $44,000. Angeles Wealth Management LLC bought a new stake in Schwab 1000 Index ETF during the first quarter valued at $63,000. Finally, Sound Income Strategies LLC grew its holdings in Schwab 1000 Index ETF by 53.8% during the 1st quarter. Sound Income Strategies LLC now owns 2,009 shares of the company’s stock worth $63,000 after acquiring an additional 703 shares during the period.

Schwab 1000 Index ETF Trading Down 0.3%

SCHK stock opened at $37.20 on Wednesday. The firm has a market cap of $5.91 billion, a PE ratio of 25.42 and a beta of 1.01. The stock has a 50-day moving average price of $36.06 and a 200-day moving average price of $34.40. Schwab 1000 Index ETF has a 1-year low of $30.30 and a 1-year high of $37.45.

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.