249,930 Shares in Schwab U.S. Mid-Cap ETF $SCHM Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 249,930 shares of the company’s stock, valued at approximately $8,503,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Curry Webb Wealth Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $25,000. Compass Financial Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth about $30,000. Evergreen Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter worth about $29,000. Angeles Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 67.1% during the 2nd quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock worth $34,000 after acquiring an additional 375 shares in the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $35,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.0%

NYSEARCA:SCHM opened at $35.15 on Friday. The firm has a market capitalization of $14.95 billion, a PE ratio of 19.13 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 1 year low of $28.25 and a 1 year high of $36.92. The firm’s fifty day simple moving average is $34.78 and its 200 day simple moving average is $34.24.

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.