Financial Solutions Advisory Group Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,279,556 shares of the company’s stock, valued at approximately $39,615,000. Schwab U.S. Mid-Cap ETF comprises about 5.5% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 6th largest holding.
A number of other large investors have also made changes to their positions in the stock. Evergreen Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Godsey & Gibb Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth $29,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth $31,000. Archer Investment Corp boosted its stake in Schwab U.S. Mid-Cap ETF by 266.9% during the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock worth $33,000 after buying an additional 782 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $36,000.
Schwab U.S. Mid-Cap ETF Stock Down 0.3%
Shares of NYSEARCA:SCHM opened at $34.70 on Friday. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The stock has a market cap of $14.49 billion, a P/E ratio of 18.83 and a beta of 1.03. The business has a fifty day moving average of $35.51 and a two-hundred day moving average of $33.57.
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.
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