648,102 Shares of Schwab U.S. Mid-Cap ETF $SCHM Bought by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 648,102 shares of the company’s stock, valued at approximately $22,048,000. Modera Wealth Management LLC owned about 0.15% of Schwab U.S. Mid-Cap ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHM. Boltwood Capital Management acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $3,319,000. FAS Wealth Partners Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.8% during the first quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock worth $19,418,000 after buying an additional 22,838 shares in the last quarter. Range Advisory LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 52.7% in the second quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock valued at $10,832,000 after buying an additional 101,396 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Schwab U.S. Mid-Cap ETF by 9.5% in the first quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after buying an additional 111,937 shares during the last quarter. Finally, Lodestar Private Asset Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 5.0% in the first quarter. Lodestar Private Asset Management LLC now owns 472,201 shares of the company’s stock valued at $14,619,000 after buying an additional 22,462 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 1.2%

NYSEARCA:SCHM opened at $34.92 on Friday. The company’s 50-day moving average price is $34.91 and its 200-day moving average price is $34.08. The company has a market cap of $14.80 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month 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.