Range Advisory LLC Acquires 101,396 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Range Advisory LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 52.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 293,784 shares of the company’s stock after buying an additional 101,396 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 1.3% of Range Advisory LLC’s investment portfolio, making the stock its 14th largest position. Range Advisory LLC owned approximately 0.07% of Schwab U.S. Mid-Cap ETF worth $10,832,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Compass Financial Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $30,000. Evergreen Advisors LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter worth $29,000. Godsey & Gibb Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter valued at $29,000. Angeles Wealth Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 67.1% during the 2nd quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock valued at $34,000 after acquiring an additional 375 shares during the period. Finally, Trust Co. of Vermont purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $35,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $35.83 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The stock’s fifty day moving average is $35.67 and its 200 day moving average is $34.27. The stock has a market cap of $14.97 billion, a P/E ratio of 18.83 and a beta of 1.04.

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.