Accredited Investors Inc. Buys 4,365 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Accredited Investors Inc. raised its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,726 shares of the company’s stock after purchasing an additional 4,365 shares during the period. Accredited Investors Inc.’s holdings in Schwab 1000 Index ETF were worth $247,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. GHP Investment Advisors Inc. raised its holdings in Schwab 1000 Index ETF by 100.8% during the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock valued at $28,000 after acquiring an additional 488 shares during the period. Blue Trust Inc. raised its stake in shares of Schwab 1000 Index ETF by 100.0% during the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after purchasing an additional 574 shares during the period. Breakwater Investment Management lifted its holdings in Schwab 1000 Index ETF by 100.0% during the 4th quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after purchasing an additional 587 shares in the last quarter. Mather Group LLC. boosted its stake in Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock worth $34,000 after purchasing an additional 472 shares during the period. Finally, Harbour Investments Inc. increased its position in shares of Schwab 1000 Index ETF by 75.6% during the fourth quarter. Harbour Investments Inc. now owns 1,545 shares of the company’s stock valued at $44,000 after buying an additional 665 shares during the period.

Schwab 1000 Index ETF Trading Down 3.6 %

SCHK stock opened at $25.25 on Friday. The firm has a 50 day moving average of $27.64 and a 200-day moving average of $28.22. The firm has a market capitalization of $3.55 billion, a P/E ratio of 24.11 and a beta of 1.04. Schwab 1000 Index ETF has a 12 month low of $23.18 and a 12 month high of $29.65.

Schwab 1000 Index ETF Cuts Dividend

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

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.