United Capital Financial Advisers LLC Purchases 12,020 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

United Capital Financial Advisers LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 349,201 shares of the company’s stock after buying an additional 12,020 shares during the quarter. United Capital Financial Advisers LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $19,936,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHM. Ironwood Wealth Management LLC. grew its position in Schwab U.S. Mid-Cap ETF by 3.9% during the first quarter. Ironwood Wealth Management LLC. now owns 38,264 shares of the company’s stock worth $2,119,000 after buying an additional 1,436 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 148.0% in the 1st quarter. Bank of Montreal Can now owns 2,745 shares of the company’s stock worth $152,000 after purchasing an additional 1,638 shares in the last quarter. First Allied Advisory Services Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter worth about $1,076,000. Cetera Advisor Networks LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter worth about $411,000. Finally, Sandy Spring Bank boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 37.3% in the 1st quarter. Sandy Spring Bank now owns 857 shares of the company’s stock worth $47,000 after purchasing an additional 233 shares in the last quarter.

Shares of SCHM traded up $0.27 during midday trading on Friday, reaching $57.72. The stock had a trading volume of 109 shares, compared to its average volume of 409,930. The company’s 50-day moving average is $56.10 and its 200 day moving average is $56.13. Schwab U.S. Mid-Cap ETF has a 12-month low of $44.97 and a 12-month high of $58.83.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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