Franklin Resources Inc. Purchases 102,595 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Franklin Resources Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 97,709.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,700 shares of the company’s stock after acquiring an additional 102,595 shares during the period. Franklin Resources Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,881,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Creative Planning raised its position in Schwab U.S. Mid-Cap ETF by 2.4% during the second quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after purchasing an additional 684,597 shares in the last quarter. Advisory Alpha LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 14.7% in the 2nd quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock valued at $234,882,000 after purchasing an additional 1,072,948 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after buying an additional 616,733 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after buying an additional 368,908 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $40,844,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.9%

Schwab U.S. Mid-Cap ETF stock opened at $30.08 on Thursday. The stock has a market cap of $12.22 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.31. The business’s 50-day moving average price is $29.57 and its two-hundred day moving average price is $28.88.

Schwab U.S. Mid-Cap ETF Company 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.