Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,066,258 shares of the company’s stock after buying an additional 23,876 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $57,256,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Bank of New York Mellon Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 53.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after buying an additional 2,074 shares in the last quarter. National Bank of Canada FI raised its position in shares of Schwab U.S. Mid-Cap ETF by 72.8% during the 2nd quarter. National Bank of Canada FI now owns 6,055 shares of the company’s stock worth $480,000 after buying an additional 2,550 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $71,000. PFG Investments LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 30.9% during the 2nd quarter. PFG Investments LLC now owns 4,680 shares of the company’s stock worth $364,000 after buying an additional 1,104 shares in the last quarter. Finally, PFG Advisors raised its position in shares of Schwab U.S. Mid-Cap ETF by 36.1% during the 2nd quarter. PFG Advisors now owns 21,494 shares of the company’s stock worth $1,673,000 after buying an additional 5,705 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 1.2 %

SCHM stock opened at $27.62 on Friday. The firm’s 50-day moving average is $28.74 and its two-hundred day moving average is $27.52. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.17 and a 52 week high of $30.28. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.