Exencial Wealth Advisors LLC Boosts Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Exencial Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,623,745 shares of the company’s stock after purchasing an additional 227,263 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 1.5% of Exencial Wealth Advisors LLC’s holdings, making the stock its 12th largest holding. Exencial Wealth Advisors LLC owned approximately 0.40% of Schwab U.S. Mid-Cap ETF worth $48,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Comerica Bank grew its position in shares of Schwab U.S. Mid-Cap ETF by 30.6% in the fourth quarter. Comerica Bank now owns 14,907 shares of the company’s stock valued at $448,000 after purchasing an additional 3,493 shares in the last quarter. D.A. Davidson & CO. acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $873,000. S.A. Mason LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. S.A. Mason LLC now owns 47,577 shares of the company’s stock valued at $1,431,000 after acquiring an additional 760 shares during the last quarter. Camelot Portfolios LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $117,000. Finally, Kestra Private Wealth Services LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 9.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 11,730 shares of the company’s stock valued at $353,000 after acquiring an additional 1,005 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $33.74 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $24.97 and a one year high of $34.21. The stock has a market capitalization of $14.16 billion, a PE ratio of 18.83 and a beta of 1.05. The business’s 50 day moving average price is $32.14 and its 200 day moving average price is $31.12.

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.