Cornerstone Wealth Management LLC Increases Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cornerstone Wealth Management LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 211.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,265 shares of the company’s stock after purchasing an additional 23,257 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $950,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Global Wealth Strategies & Associates raised its stake in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after purchasing an additional 161 shares during the last quarter. Centaurus Financial Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock worth $282,000 after acquiring an additional 209 shares during the period. Avior Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares during the period. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth about $30,000. Finally, Leisure Capital Management grew its holdings in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.0 %

Schwab U.S. Mid-Cap ETF stock opened at $29.20 on Friday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The business’s 50-day moving average price is $28.73 and its 200 day moving average price is $27.72.

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.