KCM Investment Advisors LLC Acquires 4,856 Shares of Schwab 1000 Index ETF (NYSEARCA:SCHK)

KCM Investment Advisors LLC lifted its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,712 shares of the company’s stock after purchasing an additional 4,856 shares during the quarter. KCM Investment Advisors LLC’s holdings in Schwab 1000 Index ETF were worth $275,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GHP Investment Advisors Inc. boosted its holdings in shares of Schwab 1000 Index ETF by 100.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after purchasing an additional 488 shares in the last quarter. Blue Trust Inc. lifted its position in Schwab 1000 Index ETF by 100.0% in the 4th quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after buying an additional 574 shares during the last quarter. Breakwater Investment Management boosted its stake in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock worth $33,000 after buying an additional 587 shares in the last quarter. Mather Group LLC. grew its position in Schwab 1000 Index ETF by 63.4% during the fourth quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock valued at $34,000 after acquiring an additional 472 shares during the last quarter. Finally, Sandy Spring Bank raised its stake in shares of Schwab 1000 Index ETF by 99.9% during the fourth quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock worth $44,000 after acquiring an additional 774 shares in the last quarter.

Schwab 1000 Index ETF Stock Performance

Shares of Schwab 1000 Index ETF stock opened at $24.34 on Monday. Schwab 1000 Index ETF has a 52-week low of $23.77 and a 52-week high of $29.65. The company has a fifty day moving average of $28.14 and a 200-day moving average of $28.34. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 24.11 and a beta of 1.04.

Schwab 1000 Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0808 dividend. The ex-dividend date was Wednesday, March 26th.

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.