Haverford Trust Co Has $514,000 Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Haverford Trust Co boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,540 shares of the company’s stock after purchasing an additional 12,360 shares during the quarter. Haverford Trust Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $514,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHM. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during 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 during the period. Advisory Alpha LLC raised its stake in 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 lifted its position in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after purchasing an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc grew 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 worth $92,695,000 after buying an additional 2,234,519 shares in the last quarter. Finally, JMG Financial Group Ltd. increased its holdings in Schwab U.S. Mid-Cap ETF by 196.9% in the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after buying an additional 1,910,992 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.1 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.11 on Wednesday. The company has a market cap of $11.06 billion, a PE ratio of 18.04 and a beta of 1.16. The company has a 50 day moving average of $27.99 and a 200-day moving average of $28.13. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28.

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.