Schwab U.S. Mid-Cap ETF $SCHM Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 48.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,261 shares of the company’s stock after acquiring an additional 22,062 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,082,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHM. Econ Financial Services Corp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 26.2% during the first quarter. Econ Financial Services Corp now owns 77,366 shares of the company’s stock worth $2,395,000 after purchasing an additional 16,067 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 108,666 shares of the company’s stock valued at $3,364,000 after purchasing an additional 370 shares during the period. Powers Advisory Group LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.4% in the first quarter. Powers Advisory Group LLC now owns 180,170 shares of the company’s stock valued at $5,578,000 after purchasing an additional 2,563 shares in the last quarter. Columbus Macro LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.3% in the first quarter. Columbus Macro LLC now owns 144,803 shares of the company’s stock valued at $4,483,000 after purchasing an additional 1,813 shares in the last quarter. Finally, Pacific Sage Partners LLC increased its stake in Schwab U.S. Mid-Cap ETF by 1.6% during the 1st quarter. Pacific Sage Partners LLC now owns 418,915 shares of the company’s stock worth $12,970,000 after buying an additional 6,704 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 1.6%

Shares of SCHM opened at $35.82 on Friday. The company has a market cap of $14.90 billion, a P/E ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $27.76 and a fifty-two week high of $36.90. The firm’s 50 day moving average price is $35.26 and its 200 day moving average price is $33.10.

Schwab U.S. Mid-Cap ETF 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.