MBE Wealth Management LLC Purchases 10,111 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

MBE Wealth Management LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 15,268 shares of the company’s stock after acquiring an additional 10,111 shares during the period. MBE Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $423,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Global Wealth Strategies & Associates boosted its stake in Schwab U.S. Mid-Cap ETF by 28.0% in the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after buying an additional 161 shares in the last quarter. Centaurus Financial Inc. raised its position in Schwab U.S. Mid-Cap ETF by 6.1% in the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares during the last quarter. Avior Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares during the last quarter. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $30,000. Finally, Leisure Capital Management raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $28.96 on Tuesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business has a 50-day moving average of $28.73 and a 200-day moving average of $27.75.

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.