Choreo LLC Has $2.59 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Choreo LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 226.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,625 shares of the company’s stock after purchasing an additional 64,978 shares during the quarter. Choreo LLC owned approximately 0.07% of Schwab U.S. Mid-Cap ETF worth $2,594,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SCHM. Advisory Alpha LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the period. Legacy Wealth Management Inc boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares during the period. Summit Financial Strategies Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after buying an additional 1,282,163 shares during the period. Finally, Gemmer Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 209.9% during the 4th quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after buying an additional 1,027,320 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $29.01 on Friday. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company has a 50-day simple moving average of $28.66 and a 200 day simple moving average of $27.86. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.