Brighton Jones LLC Purchases 7,853 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Brighton Jones LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 34.4% during the second quarter, HoldingsChannel.com reports. The fund owned 30,694 shares of the company’s stock after acquiring an additional 7,853 shares during the quarter. Brighton Jones LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $861,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Atwood & Palmer Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $25,000. Creative Capital Management Investments LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $39,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at approximately $42,000. Finally, Bulwark Capital Corp bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at approximately $58,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $29.88 on Wednesday. The company has a market cap of $12.23 billion, a P/E ratio of 18.83 and a beta of 1.08. The business’s 50 day moving average price is $29.68 and its 200-day moving average price is $28.21. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.31.

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.