TPG Advisors LLC Makes New Investment in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

TPG Advisors LLC bought a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,583 shares of the company’s stock, valued at approximately $590,000.

Several other institutional investors also recently modified their holdings of the business. Farmers & Merchants Investments Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 75.9% during the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after buying an additional 148 shares during the period. Chilton Capital Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth about $30,000. Valued Wealth Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 3,900.0% in the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 390 shares during the period. Finally, Institutional & Family Asset Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 500.0% in the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after acquiring an additional 360 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.4 %

Schwab U.S. Mid-Cap ETF stock opened at $82.71 on Friday. The firm has a 50 day moving average price of $79.79 and a 200-day moving average price of $79.05. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $83.31. The company has a market capitalization of $11.86 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.