Cambient Family Office LLC Purchases New Stake in Schwab 1000 Index ETF $SCHK

Cambient Family Office LLC acquired a new stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,620 shares of the company’s stock, valued at approximately $775,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Professional Financial Solutions LLC ADV purchased a new stake in Schwab 1000 Index ETF in the fourth quarter worth $305,000. Axxcess Wealth Management LLC purchased a new position in shares of Schwab 1000 Index ETF during the 4th quarter valued at $292,000. Corient Private Wealth LLC lifted its position in shares of Schwab 1000 Index ETF by 39.6% during the 4th quarter. Corient Private Wealth LLC now owns 17,460 shares of the company’s stock valued at $573,000 after buying an additional 4,954 shares during the last quarter. Strive Financial Group LLC bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth $71,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Schwab 1000 Index ETF during the 4th quarter worth $211,000.

Schwab 1000 Index ETF Stock Performance

Shares of SCHK opened at $36.13 on Friday. Schwab 1000 Index ETF has a fifty-two week low of $28.65 and a fifty-two week high of $36.63. The business has a 50-day moving average of $35.11 and a 200 day moving average of $33.57. The firm has a market cap of $5.51 billion, a P/E ratio of 25.42 and a beta of 1.01.

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.