VSM Wealth Advisory LLC Invests $2.22 Million in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

VSM Wealth Advisory LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 80,182 shares of the company’s stock, valued at approximately $2,222,000. Schwab U.S. Mid-Cap ETF accounts for 0.8% of VSM Wealth Advisory LLC’s investment portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bush Investment Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd 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 position 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 worth $5,835,000 after buying an additional 1,136 shares in the last quarter. World Investment Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% in 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 in the last quarter. Finally, US Bancorp DE boosted its position in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after buying an additional 29,745 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.8 %

Schwab U.S. Mid-Cap ETF stock opened at $26.44 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The firm’s 50-day simple moving average is $28.10 and its 200 day simple moving average is $28.12. The firm has a market capitalization of $10.79 billion, a PE ratio of 18.04 and a beta of 1.16.

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.