Kingsview Wealth Management LLC Acquires 21,902 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Kingsview Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 144.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,099 shares of the company’s stock after purchasing an additional 21,902 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,028,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bush Investment Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after buying an additional 673 shares during the last quarter. Denver PWM LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after buying an additional 5,553 shares during the last quarter. Anchor Investment Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after buying an additional 1,136 shares during the last quarter. World Investment Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after buying an additional 747 shares during the last quarter. Finally, Synovus Financial Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after buying an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.5 %

NYSEARCA:SCHM opened at $28.67 on Wednesday. The company has a market cap of $4.11 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company’s 50 day moving average is $28.60 and its two-hundred day moving average is $27.92.

About Schwab U.S. Mid-Cap ETF

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.