Bank of Hawaii Buys Shares of 12,400 Schwab 1000 Index ETF (NYSEARCA:SCHK)

Bank of Hawaii purchased a new position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,400 shares of the company’s stock, valued at approximately $351,000.

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

Schwab 1000 Index ETF Price Performance

SCHK opened at $25.25 on Friday. The business has a fifty day moving average price of $27.64 and a 200 day moving average price of $28.22. Schwab 1000 Index ETF has a 12 month low of $23.18 and a 12 month high of $29.65. The stock has a market capitalization of $3.55 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 dividend of $0.0808 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.