Arkadios Wealth Advisors Makes New Investment in Schwab U.S. Mid-Cap ETF $SCHM

Arkadios Wealth Advisors purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,541 shares of the company’s stock, valued at approximately $727,000.

Other institutional investors have also made changes to their positions in the company. Creative Capital Management Investments LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $38,000. Geneos Wealth Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after buying an additional 519 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $42,000. Eastern Bank bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $70,000. Finally, Bulwark Capital Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 31.1% in the 3rd quarter. Bulwark Capital Corp now owns 2,699 shares of the company’s stock worth $80,000 after acquiring an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $32.07 on Monday. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $32.60. The company has a market cap of $13.12 billion, a P/E ratio of 18.83 and a beta of 1.08. The stock’s 50-day moving average is $30.55 and its 200-day moving average is $29.77.

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.