Graypoint LLC Purchases 28,963 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Graypoint LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 191.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 44,089 shares of the company’s stock after acquiring an additional 28,963 shares during the period. Graypoint LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,222,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Global Wealth Strategies & Associates lifted its stake in Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after acquiring an additional 161 shares in the last quarter. Williams Financial LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 3.7% during the 2nd quarter. Williams Financial LLC now owns 5,205 shares of the company’s stock worth $405,000 after purchasing an additional 188 shares during the last quarter. Centaurus Financial Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock worth $282,000 after purchasing an additional 209 shares during the last quarter. GHP Investment Advisors Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 2.0% during the 2nd quarter. GHP Investment Advisors Inc. now owns 12,868 shares of the company’s stock worth $1,001,000 after purchasing an additional 254 shares during the last quarter. Finally, Avior Wealth Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 1.2 %

NYSEARCA:SCHM opened at $27.62 on Friday. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.17 and a twelve month high of $30.28. The stock’s 50 day moving average price is $28.74 and its two-hundred day moving average price is $27.52.

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.