McAdam LLC Sells 197 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

McAdam LLC reduced its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 2.0% in the second quarter, HoldingsChannel.com reports. The firm owned 9,548 shares of the company’s stock after selling 197 shares during the period. McAdam LLC’s holdings in Schwab 1000 Index ETF were worth $500,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHK. Warwick Investment Management Inc. bought a new stake in Schwab 1000 Index ETF in the fourth quarter valued at $38,108,000. US Bancorp DE increased its position in shares of Schwab 1000 Index ETF by 0.5% during the first quarter. US Bancorp DE now owns 67,780 shares of the company’s stock valued at $3,434,000 after buying an additional 317 shares during the period. Richardson Capital Management LLC raised its stake in Schwab 1000 Index ETF by 1,049.4% in the first quarter. Richardson Capital Management LLC now owns 31,436 shares of the company’s stock worth $1,593,000 after buying an additional 28,701 shares in the last quarter. Kohmann Bosshard Financial Services LLC lifted its holdings in Schwab 1000 Index ETF by 0.6% in the second quarter. Kohmann Bosshard Financial Services LLC now owns 30,503 shares of the company’s stock worth $1,596,000 after buying an additional 188 shares during the period. Finally, Cetera Advisors LLC lifted its holdings in Schwab 1000 Index ETF by 115.4% in the first quarter. Cetera Advisors LLC now owns 28,725 shares of the company’s stock worth $1,456,000 after buying an additional 15,390 shares during the period.

Schwab 1000 Index ETF Stock Performance

SCHK stock opened at $54.13 on Friday. Schwab 1000 Index ETF has a fifty-two week low of $39.41 and a fifty-two week high of $54.45. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The business’s 50 day moving average price is $52.69 and its two-hundred day moving average price is $50.84.

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.