Plancorp LLC Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Plancorp LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,561 shares of the company’s stock after buying an additional 9,710 shares during the period. Plancorp LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $403,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. HighTower Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% in the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after purchasing an additional 6,819,239 shares in the last quarter. Advisory Alpha LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the fourth 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 in the last quarter. Legacy Wealth Management Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares in the last quarter. Finally, JMG Financial Group Ltd. grew its position in shares of Schwab U.S. Mid-Cap ETF by 196.9% in the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after purchasing an additional 1,910,992 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $26.50 on Friday. The firm has a market capitalization 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 fifty-two week low of $24.64 and a fifty-two week high of $30.28. The stock has a 50 day moving average of $28.03 and a 200 day moving average of $28.11.

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.