Biltmore Capital Advisors LLC Has $7.36 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Biltmore Capital Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130,166 shares of the company’s stock after purchasing an additional 10,730 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 1.9% of Biltmore Capital Advisors LLC’s holdings, making the stock its 16th biggest position. Biltmore Capital Advisors LLC owned 0.12% of Schwab U.S. Mid-Cap ETF worth $7,360,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 736.6% during the third quarter. Envestnet Asset Management Inc. now owns 2,145,462 shares of the company’s stock valued at $121,304,000 after buying an additional 1,889,001 shares during the last quarter. First Mercantile Trust Co. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at about $48,560,000. Resources Investment Advisors LLC. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 121.2% during the second quarter. Resources Investment Advisors LLC. now owns 1,068,825 shares of the company’s stock valued at $61,019,000 after buying an additional 585,617 shares during the last quarter. Morgan Stanley grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 138.3% during the second quarter. Morgan Stanley now owns 884,859 shares of the company’s stock valued at $50,517,000 after buying an additional 513,529 shares during the last quarter. Finally, Legacy Wealth Management Inc grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 42.5% during the third quarter. Legacy Wealth Management Inc now owns 1,405,278 shares of the company’s stock valued at $79,454,000 after buying an additional 419,371 shares during the last quarter.

Shares of NYSEARCA SCHM traded up $0.19 during mid-day trading on Friday, reaching $58.57. 189,965 shares of the company’s stock traded hands, compared to its average volume of 393,986. The business has a 50-day simple moving average of $56.66 and a 200 day simple moving average of $56.42. Schwab U.S. Mid-Cap ETF has a 1-year low of $44.97 and a 1-year high of $58.75.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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