Cambient Family Office LLC Purchases Shares of 23,620 Schwab 1000 Index ETF $SCHK

Cambient Family Office LLC purchased a new stake in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 23,620 shares of the company’s stock, valued at approximately $775,000.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in Schwab 1000 Index ETF by 119.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,477,532 shares of the company’s stock valued at $114,063,000 after buying an additional 1,889,418 shares during the period. Creative Planning grew its position in Schwab 1000 Index ETF by 1.3% during the third quarter. Creative Planning now owns 3,133,039 shares of the company’s stock worth $100,633,000 after buying an additional 40,837 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in Schwab 1000 Index ETF by 4.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 2,526,887 shares of the company’s stock worth $82,882,000 after acquiring an additional 97,075 shares during the last quarter. Waddell & Associates LLC increased its stake in Schwab 1000 Index ETF by 1.0% in the 4th quarter. Waddell & Associates LLC now owns 2,071,165 shares of the company’s stock worth $67,934,000 after acquiring an additional 20,815 shares during the last quarter. Finally, Plum Street Advisors LLC raised its holdings in shares of Schwab 1000 Index ETF by 2.1% in the 4th quarter. Plum Street Advisors LLC now owns 696,130 shares of the company’s stock valued at $22,833,000 after acquiring an additional 14,041 shares in the last quarter.

Schwab 1000 Index ETF Stock Up 1.1%

NYSEARCA:SCHK opened at $36.13 on Friday. The stock has a market cap of $5.51 billion, a P/E ratio of 25.42 and a beta of 1.01. The business’s 50-day moving average price is $35.11 and its two-hundred day moving average price is $33.57. Schwab 1000 Index ETF has a twelve month low of $28.65 and a twelve month high of $36.63.

About Schwab 1000 Index ETF

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.