Focus Partners Advisor Solutions LLC Raises Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Focus Partners Advisor Solutions LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,022 shares of the company’s stock after buying an additional 850 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $954,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Carnegie Investment Counsel purchased a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $202,000. Prentice Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.5% in the 2nd quarter. Prentice Wealth Management LLC now owns 100,812 shares of the company’s stock valued at $2,828,000 after acquiring an additional 2,428 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 19.1% during the 2nd quarter. Bleakley Financial Group LLC now owns 621,438 shares of the company’s stock valued at $17,431,000 after purchasing an additional 99,855 shares during the last quarter. Black Diamond Financial LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 2nd quarter. Black Diamond Financial LLC now owns 268,540 shares of the company’s stock valued at $7,533,000 after purchasing an additional 2,780 shares during the last quarter. Finally, Exencial Wealth Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 3.8% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 1,289,997 shares of the company’s stock valued at $36,184,000 after purchasing an additional 47,004 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.5%

Shares of Schwab U.S. Mid-Cap ETF stock opened at $30.17 on Tuesday. The business’s 50-day moving average price is $29.66 and its 200-day moving average price is $28.17. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.31. The firm has a market capitalization of $12.35 billion, a PE ratio of 18.83 and a beta of 1.08.

About Schwab U.S. Mid-Cap ETF

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.