Cassilly Financial Group LLC Purchases New Stake in Schwab U.S. Mid-Cap ETF $SCHM

Cassilly Financial Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,392 shares of the company’s stock, valued at approximately $1,154,000. Schwab U.S. Mid-Cap ETF makes up 1.0% of Cassilly Financial Group LLC’s portfolio, making the stock its 27th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the period. Royal Bank of Canada boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after acquiring an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after acquiring an additional 4,886 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Schwab U.S. Mid-Cap ETF by 2.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 565,596 shares of the company’s stock valued at $15,865,000 after purchasing an additional 12,904 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $29.97 on Tuesday. The stock has a fifty day moving average price of $31.94 and a 200 day moving average price of $30.71. The stock has a market cap of $12.27 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.18.

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.