Axxcess Wealth Management LLC Sells 2,484 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

Axxcess Wealth Management LLC trimmed its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 25.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,150 shares of the company’s stock after selling 2,484 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab 1000 Index ETF were worth $329,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its stake in shares of Schwab 1000 Index ETF by 133.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 11,274 shares of the company’s stock valued at $466,000 after acquiring an additional 6,448 shares during the period. Raymond James & Associates increased its stake in Schwab 1000 Index ETF by 24.6% in the third quarter. Raymond James & Associates now owns 6,470 shares of the company’s stock worth $267,000 after purchasing an additional 1,279 shares during the period. Allworth Financial LP increased its stake in shares of Schwab 1000 Index ETF by 4.8% during the third quarter. Allworth Financial LP now owns 6,327 shares of the company’s stock valued at $261,000 after buying an additional 289 shares during the period. Red Tortoise LLC increased its stake in shares of Schwab 1000 Index ETF by 17.3% during the third quarter. Red Tortoise LLC now owns 19,047 shares of the company’s stock valued at $787,000 after buying an additional 2,808 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Schwab 1000 Index ETF by 11.0% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,676 shares of the company’s stock valued at $276,000 after buying an additional 661 shares during the period.

Schwab 1000 Index ETF Price Performance

Shares of SCHK stock opened at $49.98 on Thursday. Schwab 1000 Index ETF has a 1-year low of $39.39 and a 1-year high of $50.77. The stock’s 50-day moving average is $49.58 and its 200 day moving average is $46.74. The company has a market cap of $3.40 billion, a P/E ratio of 25.01 and a beta of 1.02.

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.