Kavar Capital Partners Group LLC Raises Stake in Schwab U.S. Mid-Cap ETF $SCHM

Kavar Capital Partners Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 344,233 shares of the company’s stock after acquiring an additional 31,136 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.4% of Kavar Capital Partners Group LLC’s holdings, making the stock its 19th biggest holding. Kavar Capital Partners Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,203,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atwood & Palmer Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at $25,000. Creative Capital Management Investments LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $38,000. Roxbury Financial LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $39,000. Geneos Wealth Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after acquiring an additional 519 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $42,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $30.65 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.91. The firm has a 50 day moving average price of $29.83 and a 200 day moving average price of $29.28. The company has a market cap of $12.45 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.