Plancorp LLC Buys New Shares in Schwab U.S. Mid-Cap ETF $SCHM

Plancorp LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 325,225 shares of the company’s stock, valued at approximately $11,357,000. Plancorp LLC owned 0.08% of Schwab U.S. Mid-Cap ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Legacy Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 1.0% during the third quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock worth $147,319,000 after purchasing an additional 43,883 shares during the period. Fragasso Financial Advisors Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after buying an additional 20,487 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after buying an additional 139,644 shares during the period. Dynamic Advisor Solutions LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 1,198,872 shares of the company’s stock worth $44,202,000 after buying an additional 59,632 shares during the last quarter. Finally, BLB&B Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $40,270,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.5%

Shares of SCHM stock traded up $0.16 on Friday, reaching $34.39. 1,958,898 shares of the stock were exchanged, compared to its average volume of 1,560,264. The stock has a market cap of $14.59 billion, a P/E ratio of 18.83 and a beta of 1.05. The firm has a 50 day moving average of $34.80 and a two-hundred day moving average of $34.16. Schwab U.S. Mid-Cap ETF has a 1-year low of $28.25 and a 1-year 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.