RFG Advisory LLC Purchases 145,262 Shares of Schwab U.S. Mid-Cap ETF $SCHM

RFG Advisory LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 163.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 234,021 shares of the company’s stock after buying an additional 145,262 shares during the period. RFG Advisory LLC owned 0.06% of Schwab U.S. Mid-Cap ETF worth $7,245,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 41.7% in the fourth quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock valued at $16,202,000 after buying an additional 158,469 shares during the period. Dorato Capital Management bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $2,361,000. Chicago Partners Investment Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock worth $30,528,000 after acquiring an additional 93,144 shares during the period. Fragasso Financial Advisors Inc grew its holdings in Schwab U.S. Mid-Cap ETF by 1.8% during the 4th quarter. Fragasso Financial Advisors Inc now owns 2,980,496 shares of the company’s stock worth $89,624,000 after acquiring an additional 52,432 shares during the period. Finally, Cassilly Financial Group LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $1,154,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $35.80 on Thursday. The firm has a fifty day moving average of $34.70 and a two-hundred day moving average of $32.65. The stock has a market capitalization of $15.03 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.52 and a 52 week high of $36.65.

About Schwab U.S. Mid-Cap ETF

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.