Modera Wealth Management LLC Purchases New Stake in Schwab U.S. Mid-Cap ETF $SCHM

Modera Wealth Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 648,102 shares of the company’s stock, valued at approximately $22,048,000.

A number of other large investors have also recently added to or reduced their stakes in SCHM. American Financial Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 2.6% in the first quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock valued at $352,000 after purchasing an additional 291 shares during the period. Tandem Investment Partners LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 3.2% in the 3rd quarter. Tandem Investment Partners LLC now owns 9,483 shares of the company’s stock valued at $323,000 after purchasing an additional 293 shares during the last quarter. VestGen Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.5% during the 3rd quarter. VestGen Advisors LLC now owns 7,222 shares of the company’s stock worth $246,000 after purchasing an additional 312 shares during the period. SouthState Bank Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.8% during the 1st quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock worth $214,000 after purchasing an additional 318 shares during the period. Finally, Human Investing LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.6% during the 1st quarter. Human Investing LLC now owns 7,216 shares of the company’s stock worth $223,000 after purchasing an additional 320 shares during the period.

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

Shares of SCHM opened at $34.92 on Friday. The company’s 50-day moving average price is $34.91 and its 200 day moving average price is $34.08. Schwab U.S. Mid-Cap ETF has a 12-month low of $28.25 and a 12-month high of $36.92. The firm has a market cap of $14.80 billion, a P/E ratio of 18.83 and a beta of 1.05.

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.