Retirement Planning Group LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 34,301 shares of the company’s stock, valued at approximately $1,167,000.
A number of other institutional investors also recently made changes to their positions in the stock. Cottage Street Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 69.1% during the 3rd quarter. Cottage Street Advisors LLC now owns 19,291 shares of the company’s stock valued at $656,000 after purchasing an additional 7,886 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.7% in the third quarter. IFP Advisors Inc now owns 803,554 shares of the company’s stock worth $27,337,000 after buying an additional 28,425 shares during the period. Lee Financial Co acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $10,795,000. Aull & Monroe Investment Management Corp acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $247,000. Finally, Tandem Investment Partners LLC grew its stake in Schwab U.S. Mid-Cap ETF by 3.2% during the 3rd quarter. Tandem Investment Partners LLC now owns 9,483 shares of the company’s stock valued at $323,000 after acquiring an additional 293 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM opened at $34.59 on Wednesday. The company’s 50 day moving average price is $35.14 and its 200 day moving average price is $34.91. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.25 and a 52 week high of $36.92. The company has a market capitalization of $14.61 billion, a PE ratio of 18.83 and a beta of 1.05.
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.
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