Schwab U.S. Mid-Cap ETF $SCHM is Noble Family Wealth LLC’s 8th Largest Position

Noble Family Wealth LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.8% in the second quarter, Holdings Channel.com reports. The fund owned 677,169 shares of the company’s stock after buying an additional 54,801 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 4.6% of Noble Family Wealth LLC’s holdings, making the stock its 8th largest position. Noble Family Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $18,995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 8.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after acquiring an additional 616,733 shares during the period. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 27.7% during the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the period. Cerity Partners LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the first quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock worth $180,996,000 after buying an additional 193,939 shares during the period. Legacy Wealth Management Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 0.6% in the first quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after buying an additional 23,009 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 28.6% in the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after buying an additional 368,908 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $30.04 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28. The business has a 50-day moving average of $29.32 and a 200-day moving average of $27.68. The company has a market capitalization of $12.34 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.