Krilogy Financial LLC Buys 51,914 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Krilogy Financial LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,969 shares of the company’s stock after acquiring an additional 51,914 shares during the quarter. Krilogy Financial LLC owned about 0.05% of Schwab U.S. Mid-Cap ETF worth $2,161,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SCHM. Fragasso Financial Advisors Inc boosted its position in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after purchasing an additional 2,234,519 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $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% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after buying an additional 574,475 shares during the period. Cerity Partners LLC grew its stake in Schwab U.S. Mid-Cap ETF by 14.6% in the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after buying an additional 287,937 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock worth $57,256,000 after acquiring an additional 23,876 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $28.82 on Friday. The company has a 50-day moving average of $28.72 and a two-hundred day moving average of $27.62. The stock has a market capitalization of $4.13 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 $24.24 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.