Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Capital & Planning LLC

Capital & Planning LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,240 shares of the company’s stock after acquiring an additional 2,203 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 2.3% of Capital & Planning LLC’s portfolio, making the stock its 27th biggest holding. Capital & Planning LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,345,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHM. Advisory Alpha LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 27.7% in the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $40,844,000. Dynamic Advisor Solutions LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the first quarter valued at approximately $24,197,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after buying an additional 616,733 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 28.6% in the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after buying an additional 368,908 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.5%

SCHM opened at $29.91 on Friday. The firm has a market cap of $12.32 billion, a PE ratio of 18.83 and a beta of 1.13. The business has a fifty day simple moving average of $29.31 and a 200-day simple moving average of $27.65. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two 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.