Schwab 1000 Index ETF $SCHK Stock Sold by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC trimmed its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 28.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 184,454 shares of the company’s stock after selling 73,997 shares during the quarter. Schwab 1000 Index ETF comprises 0.7% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 29th biggest holding. Cornerstone Advisors Asset Management LLC owned 0.12% of Schwab 1000 Index ETF worth $6,762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHK. Headlands Technologies LLC purchased a new stake in shares of Schwab 1000 Index ETF during the second quarter worth approximately $6,707,000. JNBA Financial Advisors purchased a new position in Schwab 1000 Index ETF in the 2nd quarter valued at $19,247,000. Nwam LLC purchased a new position in Schwab 1000 Index ETF in the 2nd quarter valued at $9,425,000. Principia Wealth Advisory LLC increased its stake in Schwab 1000 Index ETF by 1,091.9% in the 2nd quarter. Principia Wealth Advisory LLC now owns 116,446 shares of the company’s stock valued at $4,198,000 after buying an additional 106,676 shares during the period. Finally, Curry Webb Wealth Management LLC acquired a new position in Schwab 1000 Index ETF in the 1st quarter valued at $1,379,000.

Schwab 1000 Index ETF Stock Performance

Shares of Schwab 1000 Index ETF stock opened at $36.24 on Friday. The company has a market cap of $5.67 billion, a P/E ratio of 23.53 and a beta of 1.01. Schwab 1000 Index ETF has a one year low of $30.30 and a one year high of $37.62. The firm has a fifty day moving average of $36.77 and a two-hundred day moving average of $35.24.

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.