VSM Wealth Advisory LLC Invests $1.73 Million in Schwab U.S. Mid-Cap ETF $SCHM

VSM Wealth Advisory LLC bought a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 57,577 shares of the company’s stock, valued at approximately $1,731,000. Schwab U.S. Mid-Cap ETF accounts for approximately 0.5% of VSM Wealth Advisory LLC’s holdings, making the stock its 28th biggest position.

Several other hedge funds have also recently bought and sold shares of SCHM. Fifth Third Bancorp bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Accredited Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after buying an additional 502 shares during the last quarter. Ransom Advisory Ltd bought a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $32,000. Guerra Advisors Inc acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $33,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter valued at about $36,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $33.95 on Monday. The business’s 50 day simple moving average is $32.50 and its 200-day simple moving average is $31.51. The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a twelve month low of $26.45 and a twelve month high of $35.03.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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