Integrated Wealth Concepts LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,945 shares of the company’s stock, valued at approximately $675,000.
Other institutional investors and hedge funds have also modified their holdings of the company. SWS Partners increased its holdings in Schwab U.S. Mid-Cap ETF by 0.8% in the 4th quarter. SWS Partners now owns 17,632 shares of the company’s stock valued at $1,157,000 after buying an additional 148 shares during the period. Fulton Breakefield Broenniman LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 1st quarter. Fulton Breakefield Broenniman LLC now owns 21,404 shares of the company’s stock valued at $1,452,000 after acquiring an additional 157 shares during the period. Total Wealth Planning LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 3.8% during the 4th quarter. Total Wealth Planning LLC now owns 4,296 shares of the company’s stock worth $282,000 after buying an additional 158 shares during the period. Ifrah Financial Services Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the fourth quarter. Ifrah Financial Services Inc. now owns 16,238 shares of the company’s stock valued at $1,065,000 after purchasing an additional 162 shares during the last quarter. Finally, Carnegie Capital Asset Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 3.0% in the first quarter. Carnegie Capital Asset Management LLC now owns 5,560 shares of the company’s stock valued at $377,000 after buying an additional 162 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of Schwab U.S. Mid-Cap ETF stock opened at $73.75 on Wednesday. The firm has a 50-day moving average of $70.32 and a 200-day moving average of $69.06. The stock has a market cap of $10.24 billion, a PE ratio of 12.93 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 52-week low of $59.74 and a 52-week high of $74.30.
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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