Oarsman Capital Inc. Buys New Shares in Schwab 1000 Index ETF $SCHK

Oarsman Capital Inc. bought a new position in Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 40,511 shares of the company’s stock, valued at approximately $1,484,000.

A number of other institutional investors have also bought and sold shares of the business. Wescott Financial Advisory Group LLC bought a new position in Schwab 1000 Index ETF in the 4th quarter worth approximately $2,972,000. Waddell & Associates LLC lifted its holdings in shares of Schwab 1000 Index ETF by 1.0% in the fourth quarter. Waddell & Associates LLC now owns 2,071,165 shares of the company’s stock worth $67,934,000 after buying an additional 20,815 shares in the last quarter. Principia Wealth Advisory LLC bought a new position in shares of Schwab 1000 Index ETF during the fourth quarter worth $3,550,000. Curry Webb Wealth Management LLC bought a new position in shares of Schwab 1000 Index ETF during the first quarter worth $1,379,000. Finally, Lafayette Investments Inc. purchased a new position in Schwab 1000 Index ETF during the first quarter valued at $610,000.

Schwab 1000 Index ETF Price Performance

NYSEARCA SCHK opened at $37.09 on Monday. The business has a 50 day simple moving average of $36.38 and a two-hundred day simple moving average of $34.76. Schwab 1000 Index ETF has a 1-year low of $30.30 and a 1-year high of $37.62. The stock has a market capitalization of $5.89 billion, a PE ratio of 25.42 and a beta of 1.01.

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.