Schwab 1000 Index ETF (NYSEARCA:SCHK) Shares Bought by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 66.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 47,716,110 shares of the company’s stock after buying an additional 19,115,413 shares during the period. Schwab 1000 Index ETF accounts for 2.8% of Financial Engines Advisors L.L.C.’s portfolio, making the stock its 13th biggest position. Financial Engines Advisors L.L.C. owned 0.70% of Schwab 1000 Index ETF worth $1,350,843,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Legacy Wealth Management Inc increased its position in Schwab 1000 Index ETF by 94.0% during the 4th quarter. Legacy Wealth Management Inc now owns 6,970,674 shares of the company’s stock valued at $197,340,000 after buying an additional 3,377,865 shares in the last quarter. Warwick Investment Management Inc. grew its stake in shares of Schwab 1000 Index ETF by 109.2% during the fourth quarter. Warwick Investment Management Inc. now owns 4,387,948 shares of the company’s stock worth $124,223,000 after acquiring an additional 2,290,163 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of Schwab 1000 Index ETF by 107.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 2,633,266 shares of the company’s stock valued at $74,548,000 after acquiring an additional 1,363,200 shares in the last quarter. Blake Schutter Theil Wealth Advisors LLC increased its holdings in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. Blake Schutter Theil Wealth Advisors LLC now owns 621,234 shares of the company’s stock valued at $17,587,000 after acquiring an additional 310,617 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. purchased a new position in shares of Schwab 1000 Index ETF in the 4th quarter valued at approximately $9,549,000.

Schwab 1000 Index ETF Stock Up 0.2 %

SCHK stock opened at $27.84 on Wednesday. The stock has a market capitalization of $3.91 billion, a PE ratio of 24.25 and a beta of 1.04. Schwab 1000 Index ETF has a 52 week low of $23.86 and a 52 week high of $29.65. The firm has a 50 day moving average of $28.54 and a 200 day moving average of $28.35.

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.