Triton Wealth Management PLLC Acquires Shares of 11,523 Schwab U.S. Mid-Cap ETF $SCHM

Triton Wealth Management PLLC bought a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,523 shares of the company’s stock, valued at approximately $333,000.

A number of other institutional investors have also recently made changes to their positions in SCHM. Atwood & Palmer Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $25,000. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at $38,000. Roxbury Financial LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at $39,000. Bulwark Capital Corp bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $58,000. Finally, Webster Bank N. A. bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $60,000.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $29.74 on Wednesday. The stock has a market capitalization of $12.22 billion, a P/E ratio of 18.83 and a beta of 1.13. The company’s 50-day simple moving average is $29.46 and its two-hundred day simple moving average is $27.83. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28.

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.