Mather Group LLC. Purchases 73,028 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Mather Group LLC. boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 188.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 111,821 shares of the company’s stock after purchasing an additional 73,028 shares during the period. Mather Group LLC. owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $3,099,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $486,000. Centaurus Financial Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after acquiring an additional 209 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $41,000. Prentice Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 16.7% in the third quarter. Prentice Wealth Management LLC now owns 27,007 shares of the company’s stock valued at $2,244,000 after acquiring an additional 3,857 shares during the period. Finally, Fragasso Financial Advisors Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 8.4% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 1,110,656 shares of the company’s stock worth $92,284,000 after purchasing an additional 86,185 shares during the period.

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

NYSEARCA SCHM opened at $28.64 on Tuesday. The stock’s 50-day moving average price is $28.73 and its 200-day moving average price is $27.83. The company has a market capitalization of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 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.