Caprock Group LLC Invests $697,000 in Schwab U.S. Mid-Cap ETF $SCHM

Caprock Group LLC purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,660 shares of the company’s stock, valued at approximately $697,000.

Several other institutional investors also recently bought and sold shares of SCHM. Meriwether Wealth & Planning LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 5.0% during the third quarter. Meriwether Wealth & Planning LLC now owns 8,235 shares of the company’s stock valued at $244,000 after buying an additional 389 shares during the period. Balanced Wealth Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Balanced Wealth Group LLC now owns 136,880 shares of the company’s stock worth $3,872,000 after acquiring an additional 419 shares in the last quarter. CVA Family Office LLC increased its position in Schwab U.S. Mid-Cap ETF by 0.8% during the 3rd quarter. CVA Family Office LLC now owns 56,102 shares of the company’s stock valued at $1,663,000 after purchasing an additional 444 shares during the period. S.A. Mason LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.1% in the 3rd quarter. S.A. Mason LLC now owns 46,817 shares of the company’s stock valued at $1,388,000 after purchasing an additional 500 shares in the last quarter. Finally, Mutual Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Mutual Advisors LLC now owns 31,639 shares of the company’s stock worth $946,000 after purchasing an additional 502 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $32.55 on Tuesday. The company has a market cap of $13.33 billion, a PE ratio of 18.83 and a beta of 1.08. The firm’s 50 day moving average price is $31.39 and its 200-day moving average price is $30.15. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $33.13.

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.