Gray Wealth Management Inc. Purchases 5,780 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Gray Wealth Management Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,670 shares of the company’s stock after acquiring an additional 5,780 shares during the period. Gray Wealth Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $240,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Farmers & Merchants Investments Inc. raised its stake 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 acquiring an additional 634 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in 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 raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in 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. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth 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 Trading Up 2.6 %

SCHM opened at $26.25 on Monday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The business’s 50-day moving average price is $28.16 and its 200-day moving average price is $28.13. The company has a market cap of $10.71 billion, a P/E ratio of 18.04 and a beta of 1.16.

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.