Kelman Lazarov Inc. Grows Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Kelman Lazarov Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 23.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,680 shares of the company’s stock after buying an additional 9,580 shares during the period. Kelman Lazarov Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,422,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHM. Brighton Jones LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after buying an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after buying an additional 75,941 shares in the last quarter. Sage Financial Group Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 16.4% in the first quarter. Sage Financial Group Inc. now owns 968,327 shares of the company’s stock valued at $25,370,000 after buying an additional 136,527 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 1.1% in the first quarter. Flagship Harbor Advisors LLC now owns 49,728 shares of the company’s stock valued at $1,303,000 after buying an additional 518 shares in the last quarter. Finally, Spinnaker Investment Group LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 6.1% in the first quarter. Spinnaker Investment Group LLC now owns 464,416 shares of the company’s stock valued at $12,168,000 after buying an additional 26,773 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $29.49 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28. The company has a fifty day moving average of $29.53 and a two-hundred day moving average of $27.89. The stock has a market capitalization of $12.11 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.