Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys 36,460 Shares of Schwab 1000 Index ETF $SCHK

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 533.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,293 shares of the company’s stock after purchasing an additional 36,460 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab 1000 Index ETF were worth $1,356,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Archer Investment Corp bought a new stake in shares of Schwab 1000 Index ETF during the 1st quarter worth approximately $26,000. Chicago Partners Investment Group LLC grew its stake in shares of Schwab 1000 Index ETF by 8.2% in the first quarter. Chicago Partners Investment Group LLC now owns 16,312 shares of the company’s stock valued at $559,000 after buying an additional 1,235 shares in the last quarter. Kaizen Financial Strategies increased its holdings in Schwab 1000 Index ETF by 6.4% during the first quarter. Kaizen Financial Strategies now owns 22,338 shares of the company’s stock worth $755,000 after buying an additional 1,335 shares during the last quarter. Fifth Third Bancorp acquired a new position in Schwab 1000 Index ETF during the first quarter worth $599,000. Finally, Van Cleef Asset Management Inc acquired a new position in Schwab 1000 Index ETF during the first quarter worth $283,000.

Schwab 1000 Index ETF Trading Up 0.4%

NYSEARCA SCHK opened at $36.39 on Thursday. The firm has a market capitalization of $5.76 billion, a P/E ratio of 25.42 and a beta of 1.01. The firm’s fifty day moving average price is $35.88 and its two-hundred day moving average price is $33.99. Schwab 1000 Index ETF has a 1 year low of $29.83 and a 1 year high of $36.63.

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.