Schwab U.S. Mid-Cap ETF $SCHM is Dynamic Advisor Solutions LLC’s 8th Largest Position

Dynamic Advisor Solutions LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,198,872 shares of the company’s stock after acquiring an additional 59,632 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.3% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 8th biggest position. Dynamic Advisor Solutions LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $44,202,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHM. Avior Wealth Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1.4% during the 2nd quarter. Avior Wealth Management LLC now owns 381,998 shares of the company’s stock valued at $14,084,000 after acquiring an additional 5,089 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth about $244,000. PPS&V Asset Management Consultants Inc. increased its position in Schwab U.S. Mid-Cap ETF by 2.7% during the second quarter. PPS&V Asset Management Consultants Inc. now owns 271,989 shares of the company’s stock worth $10,028,000 after purchasing an additional 7,043 shares during the last quarter. CoreCap Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 31.0% during the second quarter. CoreCap Advisors LLC now owns 8,417 shares of the company’s stock worth $310,000 after purchasing an additional 1,994 shares during the period. Finally, Pacific Excel Wealth Advisors Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter worth about $1,111,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $35.90 on Thursday. The firm has a market capitalization of $15.00 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The company’s 50-day moving average is $35.56 and its two-hundred day moving average is $33.66. Schwab U.S. Mid-Cap ETF has a 1-year low of $28.19 and a 1-year high of $36.90.

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.