Wealthspire Advisors LLC Has $9.76 Million Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Wealthspire Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 348,034 shares of the company’s stock after purchasing an additional 18,392 shares during the quarter. Wealthspire Advisors LLC owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $9,762,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Advisory Alpha LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 27.7% in the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after buying an additional 1,581,924 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $40,844,000. Creative Planning lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.4% in the 2nd quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after purchasing an additional 684,597 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 8.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after purchasing an additional 616,733 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 28.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after purchasing an additional 368,908 shares during the last quarter.

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

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.73 on Wednesday. The business has a fifty day simple moving average of $29.64 and a 200 day simple moving average of $28.69. The stock has a market cap of $11.67 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.31.

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.