Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Everhart Financial Group Inc.

Everhart Financial Group Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 160.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 127,591 shares of the company’s stock after acquiring an additional 78,672 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 0.7% of Everhart Financial Group Inc.’s portfolio, making the stock its 26th biggest position. Everhart Financial Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,536,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SCHM. Advisory Alpha LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its holdings in shares of 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 worth $115,828,000 after buying an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc raised its holdings in shares of 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 worth $92,695,000 after buying an additional 2,234,519 shares during the last quarter. Summit Financial Strategies Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after buying an additional 1,282,163 shares during the last quarter. Finally, Gemmer Asset Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after buying an additional 1,027,320 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

NYSEARCA SCHM opened at $28.89 on Friday. The company has a fifty day simple moving average of $28.52 and a two-hundred day simple moving average of $27.97. The stock has a market cap of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-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.