Diversify Wealth Management LLC Has $5.80 Million Stake in Schwab U.S. Mid-Cap ETF $SCHM

Diversify Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 20.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,944 shares of the company’s stock after buying an additional 29,349 shares during the period. Diversify Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,798,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Valmark Advisers Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 3.2% in the first quarter. Valmark Advisers Inc. now owns 114,248 shares of the company’s stock worth $3,537,000 after buying an additional 3,557 shares during the last quarter. Capital Squared Financial LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.5% during the 1st quarter. Capital Squared Financial LLC now owns 67,507 shares of the company’s stock valued at $2,090,000 after acquiring an additional 4,109 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 519.4% during the 1st quarter. Fifth Third Bancorp now owns 25,706 shares of the company’s stock valued at $796,000 after acquiring an additional 21,556 shares during the last quarter. American Trust raised its stake in shares of Schwab U.S. Mid-Cap ETF by 9.9% in the 1st quarter. American Trust now owns 8,514 shares of the company’s stock valued at $264,000 after acquiring an additional 764 shares in the last quarter. Finally, Sachetta LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2.3% in the 1st quarter. Sachetta LLC now owns 26,302 shares of the company’s stock valued at $814,000 after acquiring an additional 583 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $35.81 on Monday. The business has a 50 day moving average price of $35.31 and a 200 day moving average price of $33.14. Schwab U.S. Mid-Cap ETF has a twelve month low of $27.76 and a twelve month high of $36.90. The firm has a market cap of $14.90 billion, a P/E ratio of 18.83 and a beta of 1.03.

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.