RMR Wealth Builders Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

RMR Wealth Builders raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 494.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,773 shares of the company’s stock after buying an additional 26,432 shares during the quarter. RMR Wealth Builders’ holdings in Schwab U.S. Mid-Cap ETF were worth $880,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 53.7% during the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after purchasing an additional 2,074 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 10.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock valued at $898,000 after purchasing an additional 1,131 shares during the period. Glass Jacobson Investment Advisors llc lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 26.9% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 5,799 shares of the company’s stock valued at $451,000 after buying an additional 1,230 shares in the last quarter. Cedar Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the 2nd quarter. Cedar Wealth Management LLC now owns 16,531 shares of the company’s stock valued at $1,287,000 after buying an additional 1,977 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in Schwab U.S. Mid-Cap ETF by 7.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock worth $45,714,000 after buying an additional 42,819 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.49 on Thursday. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company’s fifty day simple moving average is $28.74 and its two-hundred day simple moving average is $27.58. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year 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.