Family Legacy Financial Solutions LLC Has $8.09 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Family Legacy Financial Solutions LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 269,093 shares of the company’s stock after purchasing an additional 44,194 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 6.3% of Family Legacy Financial Solutions LLC’s portfolio, making the stock its 5th biggest position. Family Legacy Financial Solutions LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,092,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2,708.3% in the third quarter. Thrivent Financial for Lutherans now owns 1,924,641 shares of the company’s stock worth $57,046,000 after buying an additional 1,856,108 shares during the period. Financial Planning Navigators CORP bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter worth $22,267,000. Corient Private Wealth LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 97.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock worth $36,187,000 after acquiring an additional 637,571 shares during the last quarter. Advisory Alpha LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the third quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after acquiring an additional 568,609 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 5.9% in the third quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock valued at $297,031,000 after acquiring an additional 555,701 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $31.39 on Friday. The company has a 50-day moving average price of $31.88 and a 200-day moving average price of $30.75. The company has a market cap of $13.09 billion, a price-to-earnings 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 $33.18.

About Schwab U.S. Mid-Cap ETF

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.