Schwab U.S. Mid-Cap ETF $SCHM Holdings Raised by Beacon Bridge Wealth Partners LLC

Beacon Bridge Wealth Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,311 shares of the company’s stock after buying an additional 2,531 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.4% of Beacon Bridge Wealth Partners LLC’s holdings, making the stock its 23rd biggest position. Beacon Bridge Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the 2nd quarter. Stonebridge Financial Group LLC now owns 38,117 shares of the company’s stock valued at $1,069,000 after purchasing an additional 963 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.7% during the 2nd quarter. IFP Advisors Inc now owns 784,723 shares of the company’s stock valued at $22,011,000 after purchasing an additional 12,871 shares in the last quarter. Lee Financial Co raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.1% during the 2nd quarter. Lee Financial Co now owns 330,387 shares of the company’s stock valued at $9,267,000 after purchasing an additional 6,718 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 126.1% during the 2nd quarter. Blair William & Co. IL now owns 38,962 shares of the company’s stock valued at $1,093,000 after purchasing an additional 21,733 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 11.3% during the 2nd quarter. US Bancorp DE now owns 49,725 shares of the company’s stock valued at $1,395,000 after purchasing an additional 5,058 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 1.0%

Schwab U.S. Mid-Cap ETF stock opened at $29.71 on Friday. The company has a market capitalization of $12.21 billion, a P/E ratio of 18.83 and a beta of 1.13. The firm’s fifty day simple moving average is $29.40 and its 200-day simple moving average is $27.76. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28.

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.