Sigma Investment Counselors Inc. Makes New Investment in Schwab U.S. Mid-Cap ETF $SCHM

Sigma Investment Counselors Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 39,303 shares of the company’s stock, valued at approximately $1,337,000.

A number of other large investors have also made changes to their positions in the stock. Legacy Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the third quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock valued at $147,319,000 after purchasing an additional 43,883 shares during the period. Fragasso Financial Advisors Inc grew its position in Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock worth $100,086,000 after buying an additional 20,487 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after acquiring an additional 139,644 shares during the period. Cetera Investment Advisers lifted its position in shares of Schwab U.S. Mid-Cap ETF by 9.5% during the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after acquiring an additional 111,937 shares during the period. Finally, Financial Solutions Advisory Group Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter valued at approximately $39,615,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $34.86 on Wednesday. The business’s 50 day simple moving average is $34.97 and its 200-day simple moving average is $34.03. The firm has a market capitalization of $14.75 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.25 and a 12 month high of $36.92.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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