Global Retirement Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 201.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,891 shares of the company’s stock after purchasing an additional 58,110 shares during the period. Global Retirement Partners LLC owned approximately 0.06% of Schwab U.S. Mid-Cap ETF worth $2,408,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 119.7% during the third quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock valued at $160,000 after acquiring an additional 1,123 shares in the last quarter. Raymond James & Associates grew its stake in shares of Schwab U.S. Mid-Cap ETF by 5.6% during the third quarter. Raymond James & Associates now owns 174,372 shares of the company’s stock valued at $14,489,000 after acquiring an additional 9,243 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 34.9% during the third quarter. Private Advisor Group LLC now owns 94,072 shares of the company’s stock valued at $7,816,000 after acquiring an additional 24,313 shares in the last quarter. McAdam LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 6.6% during the third quarter. McAdam LLC now owns 16,395 shares of the company’s stock valued at $1,362,000 after acquiring an additional 1,008 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 5.5% during the third quarter. DHJJ Financial Advisors Ltd. now owns 72,543 shares of the company’s stock valued at $6,028,000 after acquiring an additional 3,777 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.69 on Friday. The business has a 50-day moving average of $28.49 and a 200-day moving average of $28.02. The company has a market capitalization of $4.11 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28.
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.
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