Madison Wealth Partners Inc Has $1.50 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Madison Wealth Partners Inc raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 241.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 54,177 shares of the company’s stock after buying an additional 38,331 shares during the period. Madison Wealth Partners Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,501,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SCHM. HighTower Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 209.3% in the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after buying an additional 6,819,239 shares during the last quarter. Advisory Alpha LLC boosted its position in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc boosted its position in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares during the last quarter. Raymond James Financial Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $67,051,000. Finally, Fragasso Financial Advisors Inc boosted its position in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $26.07 on Thursday. The firm has a market capitalization of $10.60 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. The business’s fifty day moving average price is $28.23 and its two-hundred day moving average price is $28.14. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.