Lowery Thomas LLC Raises Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Lowery Thomas LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,471 shares of the company’s stock after purchasing an additional 30,109 shares during the period. Schwab U.S. Mid-Cap ETF comprises 0.8% of Lowery Thomas LLC’s investment portfolio, making the stock its 27th largest position. Lowery Thomas LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Avior Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after buying an additional 357 shares during the period. Archer Investment Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the last quarter. Schneider Downs Wealth Management Advisors LP increased its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after acquiring an additional 421 shares during the period. Von Berge Wealth Management Group LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% during the fourth quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock valued at $3,368,000 after acquiring an additional 426 shares during the last quarter. Finally, Waterfront Wealth Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after purchasing an additional 461 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $26.85 on Monday. The stock’s 50-day moving average is $28.33 and its 200 day moving average is $28.16. The company has a market cap of $10.92 billion, a PE ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.