Avior Wealth Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 392,888 shares of the company’s stock, valued at approximately $13,366,000.
Several other institutional investors have also modified their holdings of the stock. Armstrong Advisory Group Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.4% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 26,587 shares of the company’s stock valued at $904,000 after buying an additional 1,597 shares in the last quarter. Marquette Asset Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $2,562,000. Wedmont Private Capital lifted its position in Schwab U.S. Mid-Cap ETF by 31.5% in the third quarter. Wedmont Private Capital now owns 39,831 shares of the company’s stock valued at $1,373,000 after acquiring an additional 9,550 shares during the last quarter. Financial Designs Corp acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at $242,000. Finally, Diversified Management Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $745,000.
Schwab U.S. Mid-Cap ETF Stock Performance
SCHM opened at $34.51 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The stock has a market capitalization of $14.57 billion, a P/E ratio of 18.83 and a beta of 1.05. The business’s 50-day simple moving average is $35.33 and its 200-day simple moving average is $34.76.
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.
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