Lodestar Private Asset Management LLC Grows Position in Schwab U.S. Mid-Cap ETF $SCHM

Lodestar Private Asset Management LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 472,201 shares of the company’s stock after acquiring an additional 22,462 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 1.4% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 22nd biggest holding. Lodestar Private Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $14,619,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kiley Juergens Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after acquiring an additional 323 shares during the last quarter. MOR Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 4.7% in the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock valued at $243,000 after purchasing an additional 351 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 4th quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after purchasing an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 4.3% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock valued at $258,000 after purchasing an additional 355 shares in the last quarter. Finally, Planwiser Financial LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after purchasing an additional 357 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $35.97 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $27.76 and a 12-month high of $36.90. The stock has a market capitalization of $14.94 billion, a P/E ratio of 18.83 and a beta of 1.03. The firm’s 50-day moving average is $35.10 and its two-hundred day moving average is $32.93.

Schwab U.S. Mid-Cap ETF 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.