Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,066,258 shares of the company’s stock after buying an additional 23,876 shares during the period. Wealth Enhancement Advisory Services LLC owned about 1.44% of Schwab U.S. Mid-Cap ETF worth $57,256,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. HighTower Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after buying an additional 82,365 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after buying an additional 574,475 shares during the period. Cerity Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after purchasing an additional 287,937 shares during the period. Advisory Alpha LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 7.2% during the 2nd quarter. Advisory Alpha LLC now owns 1,837,312 shares of the company’s stock valued at $143,004,000 after purchasing an additional 123,777 shares during the period. Finally, Legacy Wealth Management Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 2.3% during the 3rd quarter. Legacy Wealth Management Inc now owns 1,375,275 shares of the company’s stock valued at $114,272,000 after purchasing an additional 30,294 shares during the period.

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

Schwab U.S. Mid-Cap ETF stock opened at $27.62 on Friday. The firm has a 50-day moving average price of $28.74 and a two-hundred day moving average price of $27.52. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28.

Schwab U.S. Mid-Cap ETF 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.