Lodestar Private Asset Management LLC Purchases 8,942 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Lodestar Private Asset Management LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 389,628 shares of the company’s stock after acquiring an additional 8,942 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 1.3% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 26th biggest holding. Lodestar Private Asset Management LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $10,929,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 1.1% during the first quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock valued at $967,000 after purchasing an additional 386 shares during the period. Von Berge Wealth Management Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Von Berge Wealth Management Group LLC now owns 116,818 shares of the company’s stock valued at $3,376,000 after purchasing an additional 395 shares during the period. Citizens Financial Group Inc. RI grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the first quarter. Citizens Financial Group Inc. RI now owns 135,348 shares of the company’s stock valued at $3,546,000 after purchasing an additional 398 shares during the period. LifePlan Financial LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.3% during the second quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock valued at $595,000 after purchasing an additional 470 shares during the period. Finally, Alpha Omega Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock valued at $4,052,000 after purchasing an additional 482 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $28.90 on Friday. The stock has a 50-day simple moving average of $29.42 and a two-hundred day simple moving average of $27.78. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28. The firm has a market capitalization of $11.88 billion, a PE ratio of 18.83 and a beta of 1.13.

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.