Corient Private Wealth LLC Purchases 458 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Corient Private Wealth LLC increased its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,281 shares of the company’s stock after purchasing an additional 458 shares during the period. Corient Private Wealth LLC’s holdings in Schwab 1000 Index ETF were worth $348,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. bought a new stake in Schwab 1000 Index ETF during the 3rd quarter valued at approximately $284,000. FMR LLC raised its position in shares of Schwab 1000 Index ETF by 54.7% during the third quarter. FMR LLC now owns 37,563 shares of the company’s stock valued at $2,077,000 after buying an additional 13,276 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Schwab 1000 Index ETF by 36.9% during the third quarter. HighTower Advisors LLC now owns 5,614 shares of the company’s stock valued at $311,000 after buying an additional 1,512 shares during the last quarter. Invst LLC purchased a new position in shares of Schwab 1000 Index ETF in the third quarter worth $208,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Schwab 1000 Index ETF by 7.5% during the third quarter. JPMorgan Chase & Co. now owns 5,692 shares of the company’s stock worth $315,000 after acquiring an additional 396 shares during the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of NYSEARCA SCHK opened at $26.77 on Monday. The company has a market cap of $3.77 billion, a P/E ratio of 24.11 and a beta of 1.04. Schwab 1000 Index ETF has a 52-week low of $23.86 and a 52-week high of $29.65. The firm’s fifty day moving average is $28.44 and its two-hundred day moving average is $28.36.

Schwab 1000 Index ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.0808 per share. The ex-dividend date is Wednesday, March 26th.

About Schwab 1000 Index ETF

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.