Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,928,064 shares of the company’s stock after purchasing an additional 19,484 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 5.5% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 4th biggest position. Fragasso Financial Advisors Inc owned approximately 0.71% of Schwab U.S. Mid-Cap ETF worth $87,959,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after acquiring an additional 15,538 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares during the period. Russell Investments Group Ltd. lifted its holdings in Schwab U.S. Mid-Cap ETF by 467.1% during the 1st quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock worth $64,000 after purchasing an additional 2,013 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 35,524 shares of the company’s stock worth $931,000 after purchasing an additional 12,468 shares during the last quarter. Finally, Colonial Trust Advisors bought a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at $260,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $30.15 on Wednesday. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The stock’s fifty day moving average price is $29.68 and its two-hundred day moving average price is $29.10. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.91.

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.