Indivisible Partners Takes Position in Schwab U.S. Mid-Cap ETF $SCHM

Indivisible Partners purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 26,538 shares of the company’s stock, valued at approximately $798,000.

A number of other institutional investors also recently modified their holdings of the company. Kiley Juergens Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after purchasing an additional 323 shares during the period. Stratos Wealth Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after purchasing an additional 352 shares during the period. Meriwether Wealth & Planning LLC increased its position in Schwab U.S. Mid-Cap ETF by 4.3% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after acquiring an additional 355 shares during the period. Planwiser Financial LLC increased its position in Schwab U.S. Mid-Cap ETF by 0.4% during the third quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock worth $2,503,000 after acquiring an additional 357 shares during the period. Finally, Bouchey Financial Group Ltd increased its position in Schwab U.S. Mid-Cap ETF by 1.0% during the third quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock worth $1,155,000 after acquiring an additional 370 shares during the period.

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

Shares of SCHM stock opened at $34.97 on Thursday. Schwab U.S. Mid-Cap ETF has a 1 year low of $25.89 and a 1 year high of $35.04. The firm’s fifty day simple moving average is $32.27 and its 200 day simple moving average is $31.28. The firm has a market capitalization of $14.69 billion, a P/E ratio of 18.83 and a beta of 1.04.

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.