FAS Wealth Partners Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 627,188 shares of the company’s stock after purchasing an additional 22,838 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 1.2% of FAS Wealth Partners Inc.’s portfolio, making the stock its 16th largest holding. FAS Wealth Partners Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $19,418,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Evergreen Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter worth $29,000. Godsey & Gibb Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter worth $29,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $31,000. Archer Investment Corp grew its stake in Schwab U.S. Mid-Cap ETF by 266.9% in the 1st quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after buying an additional 782 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter worth $36,000.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM opened at $34.70 on Monday. The company has a market capitalization of $14.49 billion, a PE ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90. The company’s fifty day moving average price is $35.51 and its 200 day moving average price is $33.58.
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.
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