Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.0% during the 4th quarter, Holdings Channel reports. The firm owned 272,555 shares of the company’s stock after buying an additional 180,786 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.1% of Meridian Wealth Partners LLC’s holdings, making the stock its 21st largest holding. Meridian Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,553,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares during the period. Geneos Wealth Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares in the last quarter. Truvestments Capital LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the last quarter. Blume Capital Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after buying an additional 700 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after acquiring an additional 686 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $26.50 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm has a market capitalization of $10.81 billion, a PE ratio of 18.04 and a beta of 1.16. The business’s 50 day moving average price is $28.03 and its 200-day moving average price is $28.11.

Schwab U.S. Mid-Cap ETF Company 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.