Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Position Increased by Abbrea Capital LLC

Abbrea Capital LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.6% in the 4th quarter, Holdings Channel reports. The firm owned 29,675 shares of the company’s stock after purchasing an additional 1,030 shares during the quarter. Abbrea Capital LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Nadler Financial Group Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 1.0% during the fourth quarter. Nadler Financial Group Inc. now owns 117,780 shares of the company’s stock valued at $8,871,000 after purchasing an additional 1,208 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 10.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,515 shares of the company’s stock valued at $943,000 after purchasing an additional 1,153 shares during the last quarter. Capital Advisors Ltd. LLC increased its stake in Schwab U.S. Mid-Cap ETF by 19.5% during the fourth quarter. Capital Advisors Ltd. LLC now owns 3,420 shares of the company’s stock valued at $258,000 after purchasing an additional 559 shares during the last quarter. Acas LLC increased its stake in Schwab U.S. Mid-Cap ETF by 12.9% during the fourth quarter. Acas LLC now owns 22,458 shares of the company’s stock valued at $1,692,000 after purchasing an additional 2,564 shares during the last quarter. Finally, JMG Financial Group Ltd. increased its stake in Schwab U.S. Mid-Cap ETF by 5.7% during the fourth quarter. JMG Financial Group Ltd. now owns 1,003,645 shares of the company’s stock valued at $75,595,000 after purchasing an additional 54,379 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM traded up $0.33 during midday trading on Friday, hitting $77.33. 201,006 shares of the stock traded hands, compared to its average volume of 317,754. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The firm has a market capitalization of $11.06 billion, a PE ratio of 16.71 and a beta of 1.09. The business’s 50 day moving average price is $78.49 and its two-hundred day moving average price is $73.63.

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.