Stratos Wealth Partners LTD. Acquires 1,168 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stratos Wealth Partners LTD. boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,949 shares of the company’s stock after purchasing an additional 1,168 shares during the period. Stratos Wealth Partners LTD.’s holdings in Schwab U.S. Mid-Cap ETF were worth $470,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Financial Engines Advisors L.L.C. increased its holdings in Schwab U.S. Mid-Cap ETF by 129.1% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock worth $1,646,017,000 after purchasing an additional 33,472,238 shares in the last quarter. Cerity Partners LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 196.5% in the 4th quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock worth $186,110,000 after purchasing an additional 4,449,523 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 198.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,089,280 shares of the company’s stock worth $168,734,000 after purchasing an additional 4,046,898 shares in the last quarter. Legacy Wealth Management Inc increased its holdings in Schwab U.S. Mid-Cap ETF by 0.6% in the 1st quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 244.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,592,106 shares of the company’s stock worth $71,827,000 after purchasing an additional 1,838,677 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.4%

Shares of SCHM opened at $28.72 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28. The business has a 50-day simple moving average of $27.55 and a two-hundred day simple moving average of $27.19. The stock has a market cap of $11.86 billion, a PE ratio of 18.83 and a beta of 1.13.

Schwab U.S. Mid-Cap ETF Company 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.