Sunbelt Securities Inc. Purchases 23,284 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Sunbelt Securities Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 285,807 shares of the company’s stock after acquiring an additional 23,284 shares during the quarter. Sunbelt Securities Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,594,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Brighton Jones LLC raised its position in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after purchasing an additional 7,443 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after buying an additional 4,886 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 37.4% in the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after buying an additional 915 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $36.09 on Friday. The company has a 50 day simple moving average of $34.42 and a 200 day simple moving average of $32.49. The firm has a market cap of $15.16 billion, a PE ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 1 year low of $27.10 and a 1 year high of $36.65.

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.