Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Sculati Wealth Management LLC’s 10th Largest Position

Sculati Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 91.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 69,744 shares of the company’s stock after purchasing an additional 33,254 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 2.3% of Sculati Wealth Management LLC’s holdings, making the stock its 10th largest position. Sculati Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,679,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Farmers & Merchants Investments Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $25,000. Chilton Capital Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at approximately $30,000. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $30,000. Archer Investment Corp raised its position in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after acquiring an additional 393 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $41,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.1 %

SCHM stock opened at $27.71 on Wednesday. The firm has a 50 day moving average of $28.72 and a two-hundred day moving average of $27.44. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.17 and a 12 month high of $30.28. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.