Appleton Partners Inc. MA Raises Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Appleton Partners Inc. MA lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 38.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 13,784 shares of the company’s stock after acquiring an additional 3,843 shares during the period. Appleton Partners Inc. MA’s holdings in Schwab U.S. Mid-Cap ETF were worth $387,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SCHM. EP Wealth Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1.1% in the 1st quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock valued at $967,000 after purchasing an additional 386 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the first quarter. Citizens Financial Group Inc. RI now owns 135,348 shares of the company’s stock valued at $3,546,000 after acquiring an additional 398 shares during the period. LifePlan Financial LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.3% during the second quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock worth $595,000 after acquiring an additional 470 shares during the last quarter. Alpha Omega Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock valued at $4,052,000 after acquiring an additional 482 shares during the period. Finally, Morris Financial Concepts Inc. raised its position in Schwab U.S. Mid-Cap ETF by 21.0% in the 1st quarter. Morris Financial Concepts Inc. now owns 2,977 shares of the company’s stock valued at $78,000 after purchasing an additional 517 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $30.04 on Tuesday. The company has a market capitalization of $12.34 billion, a P/E ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.28. The company’s fifty day moving average is $29.34 and its two-hundred day moving average is $27.72.

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.