Schwab U.S. Mid-Cap ETF $SCHM is Fragasso Financial Advisors Inc’s 5th Largest Position

Fragasso Financial Advisors Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,980,496 shares of the company’s stock after buying an additional 52,432 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 5.4% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 5th largest position. Fragasso Financial Advisors Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $89,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. PPS&V Asset Management Consultants Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 3.4% during the 4th quarter. PPS&V Asset Management Consultants Inc. now owns 264,437 shares of the company’s stock valued at $7,952,000 after acquiring an additional 8,628 shares in the last quarter. Noble Family Wealth LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1.1% during the fourth quarter. Noble Family Wealth LLC now owns 680,442 shares of the company’s stock valued at $20,461,000 after purchasing an additional 7,521 shares in the last quarter. Ransom Advisory Ltd bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $32,000. Avior Wealth Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 0.5% during the fourth quarter. Avior Wealth Management LLC now owns 337,242 shares of the company’s stock valued at $10,141,000 after buying an additional 1,723 shares during the period. Finally, Argent Capital Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $296,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $30.47 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.18. The firm has a market cap of $12.48 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The company has a 50-day moving average of $32.09 and a 200 day moving average of $30.65.

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.