Janney Montgomery Scott LLC Has $1.12 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Janney Montgomery Scott LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,530 shares of the company’s stock after purchasing an additional 26,808 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,123,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter worth about $486,000. Dynamic Advisor Solutions LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 5.4% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 328,140 shares of the company’s stock valued at $27,265,000 after purchasing an additional 16,955 shares during the period. Financial Synergies Wealth Advisors Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.8% during the third quarter. Financial Synergies Wealth Advisors Inc. now owns 74,250 shares of the company’s stock worth $6,169,000 after acquiring an additional 1,337 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.6% in the third quarter. Brookstone Capital Management now owns 58,625 shares of the company’s stock valued at $4,871,000 after purchasing an additional 2,570 shares in the last quarter. Finally, First National Corp MA ADV boosted its position in Schwab U.S. Mid-Cap ETF by 4.8% during the 3rd quarter. First National Corp MA ADV now owns 160,034 shares of the company’s stock worth $13,297,000 after acquiring an additional 7,368 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.6 %

Shares of SCHM stock opened at $28.81 on Wednesday. The firm’s fifty day moving average price is $28.70 and its two-hundred day moving average price is $27.84. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The firm has a market capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.