Prentice Wealth Management LLC Acquires 2,428 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Prentice Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,812 shares of the company’s stock after purchasing an additional 2,428 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 0.7% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Prentice Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,828,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SCHM. Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 8.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after buying an additional 616,733 shares during the last quarter. Advisory Alpha LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 27.7% in the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares in the last quarter. Cerity Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.9% in the 1st quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock worth $180,996,000 after purchasing an additional 193,939 shares during the last quarter. Legacy Wealth Management Inc boosted its position in Schwab U.S. Mid-Cap ETF by 0.6% during the first quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Schwab U.S. Mid-Cap ETF by 28.6% during the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after purchasing an additional 368,908 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

NYSEARCA:SCHM opened at $29.91 on Friday. The company’s 50 day moving average is $29.61 and its 200-day moving average is $28.03. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28. The firm has a market cap of $12.24 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.