Villere ST Denis J & Co. LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 109,535 shares of the company’s stock, valued at approximately $3,726,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Legacy Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 3rd quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock worth $147,319,000 after acquiring an additional 43,883 shares in the last quarter. Fragasso Financial Advisors Inc increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after acquiring an additional 20,487 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after acquiring an additional 139,644 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Schwab U.S. Mid-Cap ETF by 9.5% in the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after acquiring an additional 111,937 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter valued at approximately $39,615,000.
Schwab U.S. Mid-Cap ETF Stock Performance
SCHM opened at $35.45 on Tuesday. The business has a 50 day moving average price of $34.79 and a 200 day moving average price of $34.17. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92. The firm has a market cap of $15.07 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.
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