Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Signaturefd LLC

Signaturefd LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,689 shares of the company’s stock after acquiring an additional 3,126 shares during the quarter. Signaturefd LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $130,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% in the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after acquiring an additional 6,819,239 shares in the last quarter. Advisory Alpha LLC lifted its holdings 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 boosted 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 worth $115,828,000 after buying an additional 2,804,735 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $67,051,000. Finally, Fragasso Financial Advisors Inc raised its position 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 during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.4 %

Shares of NYSEARCA SCHM opened at $26.50 on Monday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The business has a 50-day moving average price of $28.03 and a two-hundred day moving average price of $28.12. The firm has a market capitalization of $10.81 billion, a PE ratio of 18.04 and a beta of 1.16.

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.