Adamsbrown Wealth Consultants LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 198.7% in the fourth quarter, HoldingsChannel reports. The firm owned 36,573 shares of the company’s stock after buying an additional 24,330 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,013,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after acquiring an additional 287,937 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 0.9 %
SCHM opened at $28.94 on Monday. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The company’s 50-day moving average price is $28.73 and its two-hundred day moving average price is $27.82.
About Schwab U.S. Mid-Cap ETF
The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.
Recommended Stories
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- High Flyers: 3 Natural Gas Stocks for March 2022
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
