Steward Partners Investment Advisory LLC Acquires 15,669 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Steward Partners Investment Advisory LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 233.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,392 shares of the company’s stock after acquiring an additional 15,669 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Meridian Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 213.1% in the fourth quarter. Meridian Wealth Management LLC now owns 254,010 shares of the company’s stock worth $7,039,000 after purchasing an additional 172,877 shares during the period. Mission Wealth Management LP boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 201.4% during the fourth quarter. Mission Wealth Management LP now owns 9,487 shares of the company’s stock valued at $263,000 after purchasing an additional 6,339 shares during the period. Von Berge Wealth Management Group LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 0.4% in the fourth quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock worth $3,368,000 after acquiring an additional 426 shares during the period. Keystone Wealth Services LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 200.1% in the fourth quarter. Keystone Wealth Services LLC now owns 11,678 shares of the company’s stock worth $324,000 after acquiring an additional 7,787 shares during the period. Finally, Alesco Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 200.1% in the fourth quarter. Alesco Advisors LLC now owns 21,127 shares of the company’s stock worth $585,000 after acquiring an additional 14,086 shares during the period.

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

SCHM opened at $26.05 on Wednesday. The stock has a fifty day simple moving average of $28.27 and a two-hundred day simple moving average of $28.15. The company has a market cap of $10.59 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.