Financial Synergies Wealth Advisors Inc. Acquires 6,198 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Financial Synergies Wealth Advisors Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 227,463 shares of the company’s stock after purchasing an additional 6,198 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 0.7% of Financial Synergies Wealth Advisors Inc.’s investment portfolio, making the stock its 19th largest holding. Financial Synergies Wealth Advisors Inc. owned approximately 0.06% of Schwab U.S. Mid-Cap ETF worth $6,380,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Kelman Lazarov Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 23.3% during the second quarter. Kelman Lazarov Inc. now owns 50,680 shares of the company’s stock worth $1,422,000 after purchasing an additional 9,580 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.1% during the second quarter. Signature Estate & Investment Advisors LLC now owns 61,525 shares of the company’s stock worth $1,726,000 after purchasing an additional 1,292 shares during the last quarter. Koshinski Asset Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 3.4% during the second quarter. Koshinski Asset Management Inc. now owns 691,444 shares of the company’s stock worth $19,395,000 after purchasing an additional 22,720 shares during the last quarter. Lutz Financial Services LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 26.0% during the second quarter. Lutz Financial Services LLC now owns 688,642 shares of the company’s stock worth $19,316,000 after purchasing an additional 141,958 shares during the last quarter. Finally, Creekside Partners lifted its position in shares of Schwab U.S. Mid-Cap ETF by 13.0% during the second quarter. Creekside Partners now owns 142,555 shares of the company’s stock worth $3,999,000 after purchasing an additional 16,358 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.1%

NYSEARCA:SCHM opened at $29.49 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28. The company has a market cap of $12.11 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The stock has a fifty day simple moving average of $29.53 and a 200-day simple moving average of $27.89.

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.