Atria Wealth Solutions Inc. Boosts Stake in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Atria Wealth Solutions Inc. increased its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,523 shares of the company’s stock after buying an additional 11,768 shares during the period. Atria Wealth Solutions Inc.’s holdings in Schwab 1000 Index ETF were worth $666,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Allworth Financial LP grew its stake in Schwab 1000 Index ETF by 130.6% during the fourth quarter. Allworth Financial LP now owns 13,279 shares of the company’s stock worth $390,000 after buying an additional 7,520 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Schwab 1000 Index ETF during the fourth quarter valued at approximately $1,338,000. Everhart Financial Group Inc. grew its position in Schwab 1000 Index ETF by 100.0% in the 4th quarter. Everhart Financial Group Inc. now owns 30,568 shares of the company’s stock valued at $865,000 after buying an additional 15,284 shares in the last quarter. Spinnaker Trust raised its stake in shares of Schwab 1000 Index ETF by 100.0% in the 4th quarter. Spinnaker Trust now owns 7,244 shares of the company’s stock worth $205,000 after buying an additional 3,622 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Schwab 1000 Index ETF by 100.0% during the fourth quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock valued at $32,000 after purchasing an additional 574 shares during the last quarter.

Schwab 1000 Index ETF Price Performance

SCHK stock opened at $28.66 on Wednesday. The company’s 50 day simple moving average is $28.92 and its 200-day simple moving average is $28.22. Schwab 1000 Index ETF has a 52-week low of $23.86 and a 52-week high of $29.65. The firm has a market capitalization of $4.05 billion, a P/E ratio of 26.34 and a beta of 1.03.

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.