Milestones Private Investment Advisors LLC Invests $668,000 in Schwab U.S. Mid-Cap ETF $SCHM

Milestones Private Investment Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 23,801 shares of the company’s stock, valued at approximately $668,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Atwood & Palmer Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $25,000. Creative Capital Management Investments LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $39,000. Geneos Wealth Management Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after buying an additional 519 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $42,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $30.43 on Monday. The company has a market capitalization of $12.37 billion, a P/E ratio of 18.83 and a beta of 1.08. The company’s 50-day simple moving average is $29.67 and its two-hundred day simple moving average is $29.06. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.91.

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.