Red Door Wealth Management LLC Trims Stock Position in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Red Door Wealth Management LLC lessened its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 11.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,745 shares of the company’s stock after selling 1,287 shares during the period. Red Door Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SCHK. Richardson Capital Management LLC boosted its position in shares of Schwab 1000 Index ETF by 1,049.4% during the 1st quarter. Richardson Capital Management LLC now owns 31,436 shares of the company’s stock valued at $1,593,000 after acquiring an additional 28,701 shares during the last quarter. Guardian Wealth Advisors LLC NC lifted its position in Schwab 1000 Index ETF by 76.4% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 26,154 shares of the company’s stock valued at $1,205,000 after purchasing an additional 11,324 shares during the last quarter. Warwick Investment Management Inc. bought a new stake in Schwab 1000 Index ETF during the fourth quarter valued at approximately $38,108,000. Clear Investment Research LLC purchased a new position in Schwab 1000 Index ETF in the 4th quarter worth approximately $87,000. Finally, TD Capital Management LLC raised its position in shares of Schwab 1000 Index ETF by 30.5% during the 4th quarter. TD Capital Management LLC now owns 2,508 shares of the company’s stock valued at $116,000 after buying an additional 586 shares in the last quarter.

Schwab 1000 Index ETF Stock Down 0.4 %

Shares of NYSEARCA SCHK traded down $0.21 during mid-day trading on Friday, reaching $52.33. 130,744 shares of the company were exchanged, compared to its average volume of 275,540. The stock has a market capitalization of $3.56 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 52 week low of $39.41 and a 52 week high of $52.90. The company’s 50 day moving average price is $50.88 and its 200 day moving average price is $49.02.

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.