Breakwater Investment Management Has $33,000 Stock Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Breakwater Investment Management raised its position in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 100.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,174 shares of the company’s stock after purchasing an additional 587 shares during the period. Breakwater Investment Management’s holdings in Schwab 1000 Index ETF were worth $33,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spinnaker Trust bought a new position in shares of Schwab 1000 Index ETF in the 3rd quarter valued at $200,000. Thomasville National Bank grew its position in Schwab 1000 Index ETF by 95.1% in the fourth quarter. Thomasville National Bank now owns 7,100 shares of the company’s stock valued at $201,000 after acquiring an additional 3,460 shares during the last quarter. Manchester Financial Inc. acquired a new position in Schwab 1000 Index ETF during the third quarter worth about $206,000. Invst LLC bought a new position in shares of Schwab 1000 Index ETF in the third quarter worth about $208,000. Finally, Miracle Mile Advisors LLC acquired a new stake in shares of Schwab 1000 Index ETF in the 3rd quarter valued at approximately $225,000.

Schwab 1000 Index ETF Trading Up 1.0 %

Shares of Schwab 1000 Index ETF stock opened at $28.94 on Tuesday. The firm’s 50 day moving average is $28.81 and its 200 day moving average is $27.68. The firm has a market capitalization of $1.97 billion, a PE ratio of 26.06 and a beta of 1.02. Schwab 1000 Index ETF has a 1 year low of $22.83 and a 1 year high of $29.54.

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.