Legacy Bridge LLC Buys 29,880 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Legacy Bridge LLC increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,820 shares of the company’s stock after acquiring an additional 29,880 shares during the quarter. Legacy Bridge LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,242,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SCHM. Slow Capital Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Slow Capital Inc. now owns 7,461 shares of the company’s stock worth $207,000 after buying an additional 4,974 shares during the period. Foundations Investment Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 183.1% during the fourth quarter. Foundations Investment Advisors LLC now owns 8,613 shares of the company’s stock valued at $239,000 after buying an additional 5,571 shares during the last quarter. Parsons Capital Management Inc. RI increased its position in shares of Schwab U.S. Mid-Cap ETF by 161.1% during the fourth quarter. Parsons Capital Management Inc. RI now owns 18,514 shares of the company’s stock worth $513,000 after acquiring an additional 11,422 shares in the last quarter. Heirloom Wealth Management acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter worth about $215,000. Finally, Summit Financial Strategies Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after acquiring an additional 1,282,163 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $28.96 on Tuesday. The firm has a market capitalization of $4.15 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The stock has a 50 day moving average price of $28.73 and a two-hundred day moving average price of $27.75.

Schwab U.S. Mid-Cap ETF Company 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.