Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by KPP Advisory Services LLC

KPP Advisory Services LLC increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 34.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,028 shares of the company’s stock after buying an additional 1,289 shares during the quarter. KPP Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $391,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Founders Financial Alliance LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $76,000. Advisory Alpha LLC boosted its position in Schwab U.S. Mid-Cap ETF by 7.2% in the 2nd quarter. Advisory Alpha LLC now owns 1,837,312 shares of the company’s stock valued at $143,004,000 after buying an additional 123,777 shares during the last quarter. Regal Investment Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the second quarter. Regal Investment Advisors LLC now owns 9,769 shares of the company’s stock valued at $760,000 after acquiring an additional 931 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.7% during the second quarter. Sunbelt Securities Inc. now owns 89,180 shares of the company’s stock worth $6,941,000 after acquiring an additional 5,569 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 24.5% in the second quarter. NewEdge Advisors LLC now owns 50,285 shares of the company’s stock worth $3,914,000 after acquiring an additional 9,898 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.7 %

Shares of NYSEARCA SCHM opened at $82.51 on Wednesday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $83.69. The business has a 50 day moving average price of $80.06 and a two-hundred day moving average price of $79.22. The firm has a market cap of $11.83 billion, a PE ratio of 16.47 and a beta of 1.09.

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.