Zhang Financial LLC Has $1.89 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Zhang Financial LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 25,138 shares of the company’s stock after purchasing an additional 686 shares during the period. Zhang Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,893,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 132,115.3% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,488,443,134 shares of the company’s stock worth $97,656,754,000 after purchasing an additional 1,487,317,362 shares during the period. Cerity Partners LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% during the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after purchasing an additional 17,766,110 shares during the period. Financial Engines Advisors L.L.C. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 9.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock worth $1,386,937,000 after purchasing an additional 1,714,519 shares during the period. Advocacy Wealth Management Services LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $26,898,000. Finally, Trust Point Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $16,609,000.

Schwab U.S. Mid-Cap ETF Stock Down 0.1 %

Shares of Schwab U.S. Mid-Cap ETF stock traded down $0.06 during trading on Friday, reaching $75.64. 226,735 shares of the company were exchanged, compared to its average volume of 315,977. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74. The business has a 50-day moving average price of $78.40 and a 200-day moving average price of $73.27. The firm has a market capitalization of $10.82 billion, a price-to-earnings ratio of 16.71 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.