MFA Wealth Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 159,092 shares of the company’s stock, valued at approximately $5,412,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Compass Financial Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $30,000. Evergreen Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the first quarter worth $29,000. Godsey & Gibb Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at $29,000. Angeles Wealth Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 67.1% during the 2nd quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock valued at $34,000 after purchasing an additional 375 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $35,000.
Schwab U.S. Mid-Cap ETF Trading Down 1.5%
Shares of NYSEARCA:SCHM traded down $0.52 during midday trading on Wednesday, reaching $34.36. The company had a trading volume of 2,531,568 shares, compared to its average volume of 1,429,127. The company’s 50 day moving average price is $35.35 and its 200 day moving average price is $34.66. The stock has a market cap of $14.49 billion, a P/E ratio of 18.83 and a beta of 1.05. 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 Company 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.
Further Reading
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
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.
