19,815 Shares of Schwab U.S. Mid-Cap ETF $SCHM Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,815 shares of the company’s stock, valued at approximately $674,000.

Several other large investors have also recently made changes to their positions in SCHM. Legacy Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the third quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock valued at $147,319,000 after purchasing an additional 43,883 shares during the last quarter. Fragasso Financial Advisors Inc grew its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after acquiring an additional 20,487 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after acquiring an additional 139,644 shares in the last quarter. Cetera Investment Advisers increased its holdings in Schwab U.S. Mid-Cap ETF by 9.5% during the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock worth $39,801,000 after acquiring an additional 111,937 shares during the period. Finally, Financial Solutions Advisory Group Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter worth approximately $39,615,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $35.53 on Thursday. The firm has a market capitalization of $15.07 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The company has a fifty day moving average price of $34.87 and a 200-day moving average price of $34.13.

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.