Bleakley Financial Group LLC Boosts Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Bleakley Financial Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 651,235 shares of the company’s stock after buying an additional 19,970 shares during the period. Bleakley Financial Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $19,583,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Accredited Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after purchasing an additional 502 shares during the period. Kingdom Financial Group LLC. bought a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at approximately $31,000. Ransom Advisory Ltd bought a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at approximately $32,000. Finally, Guerra Advisors Inc bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $33,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $34.73 on Tuesday. The business’s 50 day moving average is $32.83 and its 200 day moving average is $31.71. The company has a market capitalization of $14.58 billion, a PE ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 12-month low of $26.45 and a 12-month high of $35.03.

Schwab U.S. Mid-Cap ETF Profile

(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.

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

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