Legacy Wealth Management Inc Has $110.12 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Legacy Wealth Management Inc grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,203,019 shares of the company’s stock after acquiring an additional 23,009 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 7.3% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 6th largest holding. Legacy Wealth Management Inc owned about 1.01% of Schwab U.S. Mid-Cap ETF worth $110,119,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Oarsman Capital Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after buying an additional 622 shares during the period. Truvestments Capital LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the period. Blume Capital Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after buying an additional 700 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after buying an additional 686 shares during the period. Finally, Noble Wealth Management PBC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $30,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $27.95 on Friday. The stock has a market capitalization of $11.52 billion, a P/E ratio of 18.83 and a beta of 1.13. The business has a 50-day moving average of $26.84 and a 200-day moving average of $27.17. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two 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.