Cerity Partners LLC Increases Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Cerity Partners LLC boosted its stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 94,108 shares of the company’s stock after purchasing an additional 47,094 shares during the period. Cerity Partners LLC owned approximately 0.14% of Schwab 1000 Index ETF worth $2,664,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Schwab 1000 Index ETF by 7.5% during the third quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock valued at $315,000 after buying an additional 396 shares during the last quarter. Corient Private Wealth LLC lifted its position in Schwab 1000 Index ETF by 3.9% during the 4th quarter. Corient Private Wealth LLC now owns 12,281 shares of the company’s stock worth $348,000 after acquiring an additional 458 shares during the period. Mather Group LLC. grew its stake in Schwab 1000 Index ETF by 63.4% during the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock valued at $34,000 after purchasing an additional 472 shares during the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of Schwab 1000 Index ETF by 100.8% in the fourth quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after purchasing an additional 488 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Schwab 1000 Index ETF by 100.0% in the fourth quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after purchasing an additional 574 shares during the last quarter.

Schwab 1000 Index ETF Stock Up 0.9 %

Schwab 1000 Index ETF stock opened at $25.90 on Tuesday. Schwab 1000 Index ETF has a 52 week low of $23.18 and a 52 week high of $29.65. The stock has a 50-day moving average price of $27.50 and a 200 day moving average price of $28.20. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 24.11 and a beta of 1.04.

Schwab 1000 Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.0808 per share. The ex-dividend date was Wednesday, March 26th.

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.