RFG Advisory LLC Sells 37,186 Shares of Schwab 1000 Index ETF $SCHK

RFG Advisory LLC reduced its position in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 81.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,731 shares of the company’s stock after selling 37,186 shares during the period. RFG Advisory LLC’s holdings in Schwab 1000 Index ETF were worth $274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IFP Advisors Inc raised its stake in shares of Schwab 1000 Index ETF by 10.9% during the 4th quarter. IFP Advisors Inc now owns 3,891 shares of the company’s stock worth $128,000 after acquiring an additional 382 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its stake in Schwab 1000 Index ETF by 5.9% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 10,018 shares of the company’s stock valued at $329,000 after acquiring an additional 557 shares in the last quarter. Equitable Holdings Inc. grew its holdings in Schwab 1000 Index ETF by 3.0% in the third quarter. Equitable Holdings Inc. now owns 21,567 shares of the company’s stock worth $693,000 after purchasing an additional 635 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Schwab 1000 Index ETF by 1.6% in the second quarter. Raymond James Financial Inc. now owns 48,307 shares of the company’s stock worth $1,441,000 after purchasing an additional 746 shares during the last quarter. Finally, Opulen Financial Group LLC grew its holdings in Schwab 1000 Index ETF by 2.5% in the fourth quarter. Opulen Financial Group LLC now owns 31,160 shares of the company’s stock worth $1,022,000 after purchasing an additional 774 shares during the last quarter.

Schwab 1000 Index ETF Trading Up 0.7%

Shares of SCHK stock opened at $36.06 on Wednesday. Schwab 1000 Index ETF has a 12-month low of $29.70 and a 12-month high of $36.63. The business’s fifty day simple moving average is $35.50 and its 200-day simple moving average is $33.73. The company has a market cap of $5.50 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.