Meridian Wealth Partners LLC Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Meridian Wealth Partners LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 272,555 shares of the company’s stock after purchasing an additional 180,786 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.1% of Meridian Wealth Partners LLC’s portfolio, making the stock its 21st largest position. Meridian Wealth Partners LLC owned approximately 0.19% of Schwab U.S. Mid-Cap ETF worth $7,553,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SCHM. Farmers & Merchants Investments Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares during the period. Truvestments Capital LLC grew its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares during the period. Blume Capital Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after buying an additional 700 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after buying an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.4 %

Schwab U.S. Mid-Cap ETF stock opened at $26.50 on Friday. The business’s 50-day moving average price is $28.03 and its 200 day moving average price is $28.11. The firm has a market cap of $10.81 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week 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.