Kingswood Wealth Advisors LLC Purchases 55,792 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Kingswood Wealth Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 62.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 145,529 shares of the company’s stock after buying an additional 55,792 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,376,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Kiley Juergens Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 2.8% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after buying an additional 323 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 1.6% during the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock worth $688,000 after buying an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC raised its stake 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 buying an additional 355 shares during the last quarter. Planwiser Financial LLC raised its stake 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 buying an additional 357 shares during the last quarter. Finally, Bouchey Financial Group Ltd raised its stake 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 buying an additional 370 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.8%

NYSEARCA:SCHM opened at $33.67 on Wednesday. The stock has a market capitalization of $14.14 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. The firm has a fifty day simple moving average of $32.05 and a two-hundred day simple moving average of $31.01. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.20 and a 12 month high of $34.21.

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.