Strategic Financial Concepts LLC bought a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 40,020 shares of the company’s stock, valued at approximately $1,109,000.
Other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $30,000. Archer Investment Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after acquiring an additional 393 shares during the last quarter. UMB Bank n.a. grew its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock worth $41,000 after acquiring an additional 984 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA SCHM opened at $28.67 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The firm has a market capitalization of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s 50-day simple moving average is $28.60 and its 200-day simple moving average is $27.92.
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.
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