Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Marshall Financial Group Inc. ADV’s 10th Largest Position

Marshall Financial Group Inc. ADV raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 211,278 shares of the company’s stock after buying an additional 3,163 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 5.3% of Marshall Financial Group Inc. ADV’s holdings, making the stock its 10th largest position. Marshall Financial Group Inc. ADV owned 0.15% of Schwab U.S. Mid-Cap ETF worth $16,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. One Capital Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 136.7% in the second quarter. One Capital Management LLC now owns 35,585 shares of the company’s stock valued at $2,770,000 after purchasing an additional 20,550 shares during the period. Bcwm LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 7.7% in the second quarter. Bcwm LLC now owns 7,924 shares of the company’s stock valued at $617,000 after purchasing an additional 565 shares during the period. Williams Financial LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.7% in the second quarter. Williams Financial LLC now owns 5,205 shares of the company’s stock valued at $405,000 after purchasing an additional 188 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.3% in the second quarter. J.W. Cole Advisors Inc. now owns 15,031 shares of the company’s stock valued at $1,170,000 after purchasing an additional 889 shares during the period. Finally, Thoroughbred Financial Services LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.1% in the second quarter. Thoroughbred Financial Services LLC now owns 12,521 shares of the company’s stock valued at $974,000 after purchasing an additional 381 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $81.38 on Tuesday. The stock’s 50-day simple moving average is $79.48 and its 200-day simple moving average is $78.96. The firm has a market capitalization of $11.67 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $82.28.

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.