D.A. Davidson & CO. Makes New Investment in Schwab U.S. Mid-Cap ETF $SCHM

D.A. Davidson & CO. acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,045 shares of the company’s stock, valued at approximately $873,000.

A number of other large investors have also modified their holdings of the company. Kiley Juergens Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after acquiring an additional 323 shares during the period. Stratos Wealth Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock worth $688,000 after acquiring an additional 352 shares during the period. Meriwether Wealth & Planning LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 4.3% in the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after acquiring an additional 355 shares during the period. Planwiser Financial LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the third quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock worth $2,503,000 after acquiring an additional 357 shares during the period. Finally, Bouchey Financial Group Ltd raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the third quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock worth $1,155,000 after acquiring an additional 370 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $34.05 on Monday. The firm has a 50-day simple moving average of $32.19 and a two-hundred day simple moving average of $31.21. The company has a market cap of $14.30 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $25.85 and a fifty-two week high of $34.21.

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.