206,954 Shares in Schwab U.S. Mid-Cap ETF $SCHM Bought by Sterling Manor Financial LLC

Sterling Manor Financial LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 206,954 shares of the company’s stock, valued at approximately $7,041,000. Schwab U.S. Mid-Cap ETF makes up 4.0% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 13th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Boltwood Capital Management acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $3,319,000. FAS Wealth Partners Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 3.8% during the 1st quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock worth $19,418,000 after purchasing an additional 22,838 shares in the last quarter. Range Advisory LLC grew its stake in Schwab U.S. Mid-Cap ETF by 52.7% during the 2nd quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock worth $10,832,000 after purchasing an additional 101,396 shares in the last quarter. RFG Advisory LLC grew its stake in Schwab U.S. Mid-Cap ETF by 163.7% during the 1st quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock worth $7,245,000 after purchasing an additional 145,262 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in Schwab U.S. Mid-Cap ETF by 9.5% during the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock worth $39,801,000 after purchasing an additional 111,937 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.6%

NYSEARCA SCHM traded up $0.21 during trading hours on Wednesday, hitting $34.80. 1,239,735 shares of the company were exchanged, compared to its average volume of 1,484,752. The firm has a market cap of $14.70 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. The company has a 50 day moving average of $35.14 and a two-hundred day moving average of $34.91. Schwab U.S. Mid-Cap ETF has a 52-week low of $28.25 and a 52-week high of $36.92.

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.