Princeton Global Asset Management LLC Purchases 2,011 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Princeton Global Asset Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,625 shares of the company’s stock after purchasing an additional 2,011 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Evermay Wealth Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the 2nd quarter. Evermay Wealth Management LLC now owns 24,918 shares of the company’s stock worth $699,000 after purchasing an additional 1,582 shares in the last quarter. Madison Wealth Partners Inc raised its holdings in Schwab U.S. Mid-Cap ETF by 24.3% in the 2nd quarter. Madison Wealth Partners Inc now owns 63,508 shares of the company’s stock worth $1,781,000 after acquiring an additional 12,398 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 7.4% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 780,586 shares of the company’s stock worth $22,731,000 after acquiring an additional 53,709 shares during the last quarter. Sigma Investment Counselors Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 60.5% in the 2nd quarter. Sigma Investment Counselors Inc. now owns 41,462 shares of the company’s stock worth $1,163,000 after acquiring an additional 15,621 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the 2nd quarter. Financial Synergies Wealth Advisors Inc. now owns 227,463 shares of the company’s stock worth $6,380,000 after acquiring an additional 6,198 shares during the last quarter.

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

Shares of NYSEARCA SCHM opened at $29.49 on Monday. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28. The firm has a market cap of $12.11 billion, a P/E ratio of 18.83 and a beta of 1.13. The company has a 50 day moving average of $29.53 and a 200 day moving average of $27.91.

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.