White & Co Financial Planning Inc Makes New $11.86 Million Investment in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

White & Co Financial Planning Inc purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 427,943 shares of the company’s stock, valued at approximately $11,858,000. Schwab U.S. Mid-Cap ETF makes up 10.1% of White & Co Financial Planning Inc’s holdings, making the stock its 3rd biggest position. White & Co Financial Planning Inc owned 0.30% of Schwab U.S. Mid-Cap ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHM. Bush Investment Group LLC raised its position in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the last quarter. Denver PWM LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares in the last quarter. Anchor Investment Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.0 %

NYSEARCA SCHM opened at $29.20 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The business has a fifty day moving average of $28.75 and a 200-day moving average of $27.79. The stock 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 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.