High Note Wealth LLC Buys 1,791 Shares of Schwab U.S. Mid-Cap ETF $SCHM

High Note Wealth LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 849,087 shares of the company’s stock after purchasing an additional 1,791 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 5.5% of High Note Wealth LLC’s portfolio, making the stock its 4th biggest position. High Note Wealth LLC owned about 0.21% of Schwab U.S. Mid-Cap ETF worth $23,817,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 8.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after acquiring an additional 616,733 shares during the period. Advisory Alpha LLC raised its position in Schwab U.S. Mid-Cap ETF by 27.7% in the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock worth $191,211,000 after acquiring an additional 1,581,924 shares in the last quarter. Cerity Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.9% in the first quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock valued at $180,996,000 after acquiring an additional 193,939 shares during the period. Legacy Wealth Management Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 0.6% during the 1st quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after purchasing an additional 368,908 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $30.04 on Tuesday. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28. The company has a 50-day simple moving average of $29.34 and a 200-day simple moving average of $27.72. The company has a market capitalization of $12.34 billion, a PE ratio of 18.83 and a beta of 1.13.

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.