White & Co Financial Planning Inc Buys New Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

White & Co Financial Planning Inc purchased a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 427,943 shares of the company’s stock, valued at approximately $11,858,000. Schwab U.S. Mid-Cap ETF comprises approximately 10.1% of White & Co Financial Planning Inc’s holdings, making the stock its 3rd largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Bush Investment Group LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the last quarter. Denver PWM LLC raised its stake in Schwab U.S. Mid-Cap ETF by 2.8% during the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after buying an additional 747 shares during the last quarter. Finally, Synovus Financial Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after buying an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 1.0 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $29.20 on Friday. The stock has a market capitalization of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s fifty day moving average price is $28.75 and its 200 day moving average price is $27.79. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28.

Schwab U.S. Mid-Cap ETF Profile

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.