Liberty Wealth Management LLC Buys Shares of 7,285 Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Liberty Wealth Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,285 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHM. HighTower Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 209.3% during the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock worth $279,249,000 after purchasing an additional 6,819,239 shares in the last quarter. Advisory Alpha LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares during the period. Legacy Wealth Management Inc raised its stake in shares of Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $67,051,000. Finally, Fragasso Financial Advisors Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1 %

NYSEARCA:SCHM opened at $26.07 on Thursday. The business’s 50-day moving average price is $28.23 and its 200 day moving average price is $28.14. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The firm has a market cap of $10.60 billion, a P/E ratio of 19.14 and a beta of 1.15.

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.