Glassman Wealth Services Acquires 930 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Glassman Wealth Services boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,395 shares of the company’s stock after buying an additional 930 shares during the period. Glassman Wealth Services’ holdings in Schwab U.S. Mid-Cap ETF were worth $39,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Avior Wealth Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after buying an additional 357 shares during the period. Archer Investment Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. Schneider Downs Wealth Management Advisors LP grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after purchasing an additional 421 shares in the last quarter. Waterfront Wealth Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after purchasing an additional 461 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 4,132 shares of the company’s stock worth $343,000 after purchasing an additional 474 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.1 %

Shares of NYSEARCA:SCHM opened at $27.89 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The firm has a market capitalization of $11.34 billion, a PE ratio of 19.14 and a beta of 1.15. The business’s 50 day moving average is $28.43 and its 200-day moving average is $28.14.

Schwab U.S. Mid-Cap ETF 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.