Madison Wealth Partners Inc Grows Stake in Schwab U.S. Mid-Cap ETF $SCHM

Madison Wealth Partners Inc raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 24.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,508 shares of the company’s stock after acquiring an additional 12,398 shares during the period. Madison Wealth Partners Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,781,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Atwood & Palmer Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $25,000. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $39,000. Bulwark Capital Corp bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $58,000. Finally, Webster Bank N. A. bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $60,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $29.49 on Monday. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.28. The stock has a 50-day moving average of $29.53 and a 200 day moving average of $27.91. The company has a market capitalization of $12.11 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.