Foundations Investment Advisors LLC Purchases 5,571 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Foundations Investment Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 183.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,613 shares of the company’s stock after acquiring an additional 5,571 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $239,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 56.9% during the second quarter. AQR Capital Management LLC now owns 80,039 shares of the company’s stock worth $6,229,000 after purchasing an additional 29,028 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $486,000. Centaurus Financial Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 6.1% during the 2nd 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 last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000. Finally, Ausdal Financial Partners Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2.5% in the third quarter. Ausdal Financial Partners Inc. now owns 89,496 shares of the company’s stock worth $7,436,000 after acquiring an additional 2,196 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $28.94 on Friday. The company’s 50 day simple moving average is $28.75 and its 200-day simple moving average is $27.80. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28. The stock has a market capitalization of $4.15 billion, a P/E 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.