Fortitude Advisory Group L.L.C. Purchases 1,692 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Fortitude Advisory Group L.L.C. grew its position in shares of 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 (SEC). The firm owned 31,655 shares of the company’s stock after buying an additional 1,692 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in Schwab U.S. Mid-Cap ETF were worth $888,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its position in Schwab U.S. Mid-Cap ETF by 66.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 119,336 shares of the company’s stock worth $3,347,000 after buying an additional 47,789 shares during the period. Noble Family Wealth LLC increased its position in Schwab U.S. Mid-Cap ETF by 8.8% during the 2nd quarter. Noble Family Wealth LLC now owns 677,169 shares of the company’s stock worth $18,995,000 after buying an additional 54,801 shares during the period. Compass Financial Group INC SD increased its position in Schwab U.S. Mid-Cap ETF by 9.7% during the 2nd quarter. Compass Financial Group INC SD now owns 89,830 shares of the company’s stock worth $2,520,000 after buying an additional 7,906 shares during the period. Single Point Partners LLC increased its position in Schwab U.S. Mid-Cap ETF by 10.5% during the 2nd quarter. Single Point Partners LLC now owns 39,495 shares of the company’s stock worth $1,108,000 after buying an additional 3,761 shares during the period. Finally, Fortis Capital Advisors LLC bought a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $693,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $30.04 on Friday. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The business’s fifty day moving average price is $29.32 and its two-hundred day moving average price is $27.68. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28.

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.