Frank Rimerman Advisors LLC Purchases 8,756 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Frank Rimerman Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,134 shares of the company’s stock after acquiring an additional 8,756 shares during the period. Frank Rimerman Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $364,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares in the last quarter. Truvestments Capital LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares in the last quarter. Blume Capital Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after purchasing an additional 686 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 2.6 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $26.25 on Monday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28. The stock has a market cap of $10.71 billion, a P/E ratio of 18.04 and a beta of 1.16. The business’s 50 day moving average is $28.16 and its 200-day moving average is $28.13.

About Schwab U.S. Mid-Cap ETF

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.