40,020 Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,020 shares of the company’s stock, valued at approximately $1,109,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. 1900 Wealth Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 207.4% during the 4th quarter. 1900 Wealth Management LLC now owns 48,083 shares of the company’s stock worth $1,332,000 after acquiring an additional 32,443 shares in the last quarter. Financial Synergies Wealth Advisors Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 207.4% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 228,226 shares of the company’s stock worth $6,324,000 after purchasing an additional 153,976 shares in the last quarter. Consolidated Portfolio Review Corp purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $1,255,000. GHP Investment Advisors Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 215.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 39,528 shares of the company’s stock valued at $1,095,000 after purchasing an additional 26,989 shares in the last quarter. Finally, Oakworth Capital Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Oakworth Capital Inc. now owns 2,322 shares of the company’s stock worth $64,000 after buying an additional 1,548 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.67 on Wednesday. The company’s fifty day moving average price is $28.60 and its two-hundred day moving average price is $27.92. The firm has a market capitalization of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

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.