N.E.W. Advisory Services LLC Has $1.64 Million Stake in Schwab U.S. Mid-Cap ETF $SCHM

N.E.W. Advisory Services LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 2,669.3% during the 3rd quarter, Holdings Channel reports. The fund owned 55,247 shares of the company’s stock after acquiring an additional 53,252 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,638,000 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. Atwood & Palmer Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth $25,000. Creative Capital Management Investments LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at $38,000. Geneos Wealth Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the second 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 during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $42,000. Finally, Bulwark Capital Corp acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $58,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.2%

SCHM opened at $31.72 on Tuesday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $31.74. The stock has a market capitalization of $12.98 billion, a PE ratio of 18.83 and a beta of 1.08. The firm has a 50-day moving average price of $30.08 and a two-hundred day moving average price of $29.54.

Schwab U.S. Mid-Cap ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report).

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

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.