L.M. Kohn & Company Purchases New Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

L.M. Kohn & Company purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,229 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors have also made changes to their positions in the company. Advisory Alpha LLC boosted its position in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc boosted its position in Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc boosted its position in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after acquiring an additional 82,365 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after acquiring an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

NYSEARCA:SCHM opened at $28.89 on Monday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The business has a 50 day moving average price of $28.52 and a two-hundred day moving average price of $27.97. The company has a market cap of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.