Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Madden Advisory Services Inc.

Madden Advisory Services Inc. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,360 shares of the company’s stock after purchasing an additional 1,637 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 2.0% of Madden Advisory Services Inc.’s investment portfolio, making the stock its 13th largest position. Madden Advisory Services Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,768,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Well Done LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.3% in the 2nd quarter. Well Done LLC now owns 5,932 shares of the company’s stock valued at $464,000 after buying an additional 132 shares during the last quarter. First Horizon Advisors Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 8.4% in the 1st quarter. First Horizon Advisors Inc. now owns 1,740 shares of the company’s stock valued at $129,000 after buying an additional 135 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.8% in the 2nd quarter. Parallel Advisors LLC now owns 8,601 shares of the company’s stock valued at $673,000 after buying an additional 150 shares during the last quarter. Financial Advocates Investment Management grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.4% in the 2nd quarter. Financial Advocates Investment Management now owns 11,251 shares of the company’s stock valued at $881,000 after buying an additional 156 shares during the last quarter. Finally, Strategic Wealth Advisors Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.6% in the 1st quarter. Strategic Wealth Advisors Group LLC now owns 26,904 shares of the company’s stock valued at $2,002,000 after buying an additional 159 shares during the last quarter.

Shares of NYSEARCA SCHM traded up $0.01 during mid-day trading on Wednesday, reaching $78.35. The company had a trading volume of 150 shares, compared to its average volume of 308,087. The firm has a 50 day simple moving average of $78.47 and a two-hundred day simple moving average of $77.30. Schwab U.S. Mid-Cap ETF has a 52-week low of $52.83 and a 52-week high of $81.05.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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