Thrive Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,117 shares of the company’s stock after acquiring an additional 241 shares during the quarter. Thrive Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $243,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in SCHM. GHP Investment Advisors Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 5.8% during the fourth quarter. GHP Investment Advisors Inc. now owns 12,354 shares of the company’s stock worth $931,000 after purchasing an additional 673 shares in the last quarter. Cerity Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1,509.2% in the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after acquiring an additional 17,766,110 shares during the last quarter. Morton Brown Family Wealth LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $72,000. Perigon Wealth Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock valued at $3,033,000 after acquiring an additional 136 shares in the last quarter. Finally, Essex LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 52.9% during the fourth quarter. Essex LLC now owns 157,631 shares of the company’s stock worth $11,873,000 after purchasing an additional 54,559 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM traded down $0.02 during mid-day trading on Friday, reaching $77.20. 245,524 shares of the company’s stock were exchanged, compared to its average volume of 306,016. The business’s fifty day simple moving average is $78.46 and its 200-day simple moving average is $78.20. The stock has a market capitalization of $11.07 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $82.26.
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.
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