Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 0.7% during the third quarter, Holdings Channel.com reports. The fund owned 2,888,481 shares of the company’s stock after purchasing an additional 20,487 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 5.0% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 4th biggest holding. Fragasso Financial Advisors Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $100,086,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter worth $29,000. Evergreen Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at about $29,000. Compass Financial Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at about $30,000. Archer Investment Corp lifted its position in shares of 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 valued at $33,000 after purchasing an additional 782 shares in the last quarter. Finally, Angeles Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 67.1% during the second quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock valued at $34,000 after purchasing an additional 375 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 0.3%
Schwab U.S. Mid-Cap ETF stock traded down $0.10 during midday trading on Tuesday, hitting $34.41. 1,215,039 shares of the stock were exchanged, compared to its average volume of 1,439,090. Schwab U.S. Mid-Cap ETF has a 52-week low of $28.25 and a 52-week high of $36.92. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. The business’s 50-day moving average price is $35.33 and its 200-day moving average price 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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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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