Family Legacy Financial Solutions LLC Has $8.09 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

Family Legacy Financial Solutions LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 269,093 shares of the company’s stock after buying an additional 44,194 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 6.3% of Family Legacy Financial Solutions LLC’s portfolio, making the stock its 5th biggest position. Family Legacy Financial Solutions LLC owned about 0.07% of Schwab U.S. Mid-Cap ETF worth $8,092,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. HighTower Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.9% in the 3rd quarter. HighTower Advisors LLC now owns 10,782,575 shares of the company’s stock worth $319,596,000 after acquiring an additional 198,793 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,473,140 shares of the company’s stock valued at $310,424,000 after purchasing an additional 200,917 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock valued at $297,031,000 after purchasing an additional 555,701 shares during the last quarter. Advisory Alpha LLC raised its position in Schwab U.S. Mid-Cap ETF by 6.8% in the 3rd quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock worth $267,436,000 after purchasing an additional 568,609 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock worth $180,506,000 after purchasing an additional 15,350 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $31.39 on Friday. The firm has a fifty day simple moving average of $31.88 and a two-hundred day simple moving average of $30.75. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $33.18. The company has a market capitalization of $13.09 billion, a PE ratio of 18.83 and a beta of 1.08.

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.