Cetera Investment Advisers raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 9.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,285,570 shares of the company’s stock after acquiring an additional 111,937 shares during the quarter. Cetera Investment Advisers owned about 0.31% of Schwab U.S. Mid-Cap ETF worth $39,801,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Evergreen Advisors LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter valued at about $29,000. Godsey & Gibb Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the first quarter worth approximately $29,000. Kingdom Financial Group LLC. bought a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter worth approximately $31,000. Archer Investment Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 266.9% in the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after buying an additional 782 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $36,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Schwab U.S. Mid-Cap ETF stock opened at $34.99 on Friday. The stock has a market capitalization of $14.59 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The stock’s 50 day moving average price is $35.46 and its two-hundred day moving average price is $33.45.
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.
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