SeaCrest Wealth Management LLC Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

SeaCrest Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 204.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,171 shares of the company’s stock after acquiring an additional 61,871 shares during the quarter. SeaCrest Wealth Management LLC owned approximately 0.06% of Schwab U.S. Mid-Cap ETF worth $2,554,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 53.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after buying an additional 2,074 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.8% during the second quarter. Parallel Advisors LLC now owns 12,152 shares of the company’s stock worth $946,000 after purchasing an additional 779 shares in the last quarter. One Capital Management LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 136.7% during the 2nd quarter. One Capital Management LLC now owns 35,585 shares of the company’s stock valued at $2,770,000 after purchasing an additional 20,550 shares during the last quarter. Marshall Financial Group Inc. ADV boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1.5% in the 2nd quarter. Marshall Financial Group Inc. ADV now owns 211,278 shares of the company’s stock worth $16,444,000 after purchasing an additional 3,163 shares in the last quarter. Finally, Madison Wealth Partners Inc grew its stake in Schwab U.S. Mid-Cap ETF by 4.1% during the 2nd quarter. Madison Wealth Partners Inc now owns 12,056 shares of the company’s stock worth $938,000 after buying an additional 470 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $28.13 on Wednesday. The firm has a market capitalization of $4.03 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s 50-day moving average is $28.75 and its 200 day moving average is $27.57. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.