MeadowBrook Investment Advisors LLC Has $1.03 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 139.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,250 shares of the company’s stock after purchasing an additional 19,355 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 0.9% of MeadowBrook Investment Advisors LLC’s holdings, making the stock its 29th biggest position. MeadowBrook Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,029,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SCHM. Kiley Juergens Wealth Management LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the 4th quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after purchasing an additional 323 shares in the last quarter. Stratos Wealth Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 1.6% during the 4th quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock worth $688,000 after buying an additional 352 shares during the period. Meriwether Wealth & Planning LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 4.3% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock valued at $258,000 after buying an additional 355 shares in the last quarter. Planwiser Financial LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 0.4% during the third quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after buying an additional 357 shares in the last quarter. Finally, Bouchey Financial Group Ltd boosted its holdings 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 buying an additional 370 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $36.19 on Friday. The company has a 50-day moving average of $34.83 and a two-hundred day moving average of $32.72. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.66.

About Schwab U.S. Mid-Cap ETF

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.