CX Institutional Purchases 17,249 Shares of Schwab U.S. Mid-Cap ETF $SCHM

CX Institutional increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 11.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 172,713 shares of the company’s stock after purchasing an additional 17,249 shares during the quarter. CX Institutional’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SCHM. FAS Wealth Partners Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 3.8% in the 1st quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock valued at $19,418,000 after buying an additional 22,838 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 61,120 shares of the company’s stock worth $1,892,000 after buying an additional 7,327 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth $39,615,000. Asset Dedication LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 537.8% during the first quarter. Asset Dedication LLC now owns 31,707 shares of the company’s stock worth $982,000 after buying an additional 26,736 shares in the last quarter. Finally, Serenity Investment Advisors boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the first quarter. Serenity Investment Advisors now owns 37,026 shares of the company’s stock valued at $1,146,000 after acquiring an additional 1,038 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $36.11 on Wednesday. The company’s 50-day simple moving average is $35.54 and its 200 day simple moving average is $33.64. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.19 and a 52 week high of $36.90. The company has a market capitalization of $15.08 billion, a PE ratio of 18.83 and a beta of 1.04.

Schwab U.S. Mid-Cap ETF 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.