Capital Planning LLC Acquires 23,168 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Capital Planning LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,520 shares of the company’s stock after acquiring an additional 23,168 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.6% of Capital Planning LLC’s portfolio, making the stock its 20th biggest holding. Capital Planning LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,970,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock worth $328,744,000 after purchasing an additional 459,489 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 6.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after buying an additional 648,134 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock valued at $180,506,000 after buying an additional 15,350 shares in the last quarter. Legacy Wealth Management Inc boosted its position in Schwab U.S. Mid-Cap ETF by 2.7% in the 4th quarter. Legacy Wealth Management Inc now owns 4,319,152 shares of the company’s stock valued at $129,877,000 after buying an additional 114,417 shares during the period. Finally, Valpey Financial Services LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2,876.4% in the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after buying an additional 4,082,734 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $35.27 on Thursday. The company has a market capitalization of $14.67 billion, a P/E ratio of 18.83 and a beta of 1.03. The company’s 50-day simple moving average is $35.21 and its two-hundred day simple moving average is $33.06. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90.

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.