Sigma Planning Corp Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sigma Planning Corp boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 32,235 shares of the company’s stock after acquiring an additional 21,330 shares during the quarter. Sigma Planning Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $893,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Element Wealth LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 198.8% in the 4th quarter. Element Wealth LLC now owns 115,741 shares of the company’s stock worth $3,207,000 after purchasing an additional 77,010 shares in the last quarter. Prentice Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 236.1% in the fourth quarter. Prentice Wealth Management LLC now owns 90,764 shares of the company’s stock worth $2,515,000 after acquiring an additional 63,757 shares in the last quarter. LifeSteps Financial Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 199.3% in the fourth quarter. LifeSteps Financial Inc. now owns 71,023 shares of the company’s stock worth $1,968,000 after acquiring an additional 47,297 shares during the last quarter. Waterfront Wealth Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock valued at $1,822,000 after acquiring an additional 461 shares in the last quarter. Finally, JMG Financial Group Ltd. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after acquiring an additional 1,910,992 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.85 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm’s 50-day moving average is $28.44 and its 200 day moving average is $28.10. The stock has a market cap of $11.33 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15.

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.