Valeo Financial Advisors LLC Buys Shares of 53,876 Schwab U.S. Mid-Cap ETF $SCHM

Valeo Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 53,876 shares of the company’s stock, valued at approximately $1,511,000.

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

Schwab U.S. Mid-Cap ETF Stock Down 1.0%

Schwab U.S. Mid-Cap ETF stock opened at $29.75 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The business has a 50-day simple moving average of $29.36 and a 200 day simple moving average of $27.73. The stock has a market cap of $12.23 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.