Schwab U.S. Mid-Cap ETF $SCHM Shares Bought by Legacy Wealth Management Inc

Legacy Wealth Management Inc grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,319,152 shares of the company’s stock after acquiring an additional 114,417 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 7.5% of Legacy Wealth Management Inc’s portfolio, making the stock its 6th biggest holding. Legacy Wealth Management Inc owned approximately 1.06% of Schwab U.S. Mid-Cap ETF worth $129,877,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Accredited Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after purchasing an additional 502 shares during the last quarter. Ransom Advisory Ltd purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $32,000. Guerra Advisors Inc acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. raised its position 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 valued at $41,000 after buying an additional 519 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $31.39 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.18. The company’s 50 day simple moving average is $31.88 and its 200 day simple moving average is $30.75. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.