Johnson Investment Counsel Inc. Acquires 773 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Johnson Investment Counsel Inc. boosted its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 6.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,141 shares of the company’s stock after acquiring an additional 773 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Schwab 1000 Index ETF were worth $635,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC lifted its holdings in shares of Schwab 1000 Index ETF by 0.6% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 30,503 shares of the company’s stock valued at $1,596,000 after buying an additional 188 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab 1000 Index ETF by 3.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,951 shares of the company’s stock valued at $468,000 after buying an additional 291 shares during the period. US Bancorp DE lifted its holdings in shares of Schwab 1000 Index ETF by 0.5% during the 1st quarter. US Bancorp DE now owns 67,780 shares of the company’s stock valued at $3,434,000 after buying an additional 317 shares during the period. Comerica Bank lifted its holdings in shares of Schwab 1000 Index ETF by 13.7% during the 1st quarter. Comerica Bank now owns 4,053 shares of the company’s stock valued at $205,000 after buying an additional 487 shares during the period. Finally, Woodmont Investment Counsel LLC bought a new position in shares of Schwab 1000 Index ETF during the 1st quarter valued at $26,000.

Schwab 1000 Index ETF Price Performance

NYSEARCA SCHK opened at $54.09 on Friday. The business’s fifty day moving average price is $52.93 and its 200-day moving average price is $51.36. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 1-year low of $39.41 and a 1-year high of $54.45.

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.