Jones Financial Companies Lllp Increases Position in Schwab U.S. Mid-Cap ETF $SCHM

Jones Financial Companies Lllp increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 11.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,530,509 shares of the company’s stock after acquiring an additional 257,268 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.62% of Schwab U.S. Mid-Cap ETF worth $74,942,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHM. Geneos Wealth Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth about $42,000. Grey Fox Wealth Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $64,000. Eastern Bank bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $70,000. Finally, Bulwark Capital Corp raised its stake in Schwab U.S. Mid-Cap ETF by 31.1% during the third quarter. Bulwark Capital Corp now owns 2,699 shares of the company’s stock valued at $80,000 after buying an additional 640 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.9%

NYSEARCA:SCHM opened at $31.62 on Monday. The company has a market cap of $12.95 billion, a PE ratio of 18.83 and a beta of 1.08. The business’s 50 day moving average is $30.87 and its two-hundred day moving average is $29.89. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $32.60.

About Schwab U.S. Mid-Cap ETF

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.