20,487 Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,888,481 shares of the company’s stock after purchasing an additional 20,487 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 5.0% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 4th largest position. Fragasso Financial Advisors Inc owned about 0.68% of Schwab U.S. Mid-Cap ETF worth $100,086,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SCHM. Boltwood Capital Management acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $3,319,000. FAS Wealth Partners Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 3.8% in the 1st quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock valued at $19,418,000 after acquiring an additional 22,838 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 8.9% during the 4th quarter. Sunbelt Securities Inc. now owns 285,807 shares of the company’s stock valued at $8,594,000 after purchasing an additional 23,284 shares during the last quarter. Range Advisory LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 52.7% during the 2nd quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock valued at $10,832,000 after purchasing an additional 101,396 shares during the last quarter. Finally, RFG Advisory LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 163.7% during the 1st quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock valued at $7,245,000 after purchasing an additional 145,262 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded down $0.10 during midday trading on Tuesday, reaching $34.41. 1,215,039 shares of the company were exchanged, compared to its average volume of 1,439,090. The company’s fifty day moving average price is $35.33 and its 200 day moving average price is $34.76. The company has a market cap of $14.53 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92.

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.