Smart Portfolios LLC Buys 765 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Smart Portfolios LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 18,925 shares of the company’s stock after acquiring an additional 765 shares during the quarter. Smart Portfolios LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $531,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SCHM. Atwood & Palmer Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $25,000. Creative Capital Management Investments LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $38,000. Roxbury Financial LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $39,000. Bulwark Capital Corp bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $58,000. Finally, Webster Bank N. A. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $60,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $29.74 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The stock has a market capitalization of $12.22 billion, a P/E ratio of 18.83 and a beta of 1.13. The stock has a fifty day moving average of $29.46 and a 200-day moving average of $27.83.

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.