VSM Wealth Advisory LLC Takes $2.22 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

VSM Wealth Advisory LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 80,182 shares of the company’s stock, valued at approximately $2,222,000. Schwab U.S. Mid-Cap ETF accounts for approximately 0.8% of VSM Wealth Advisory LLC’s portfolio, making the stock its 27th biggest position. VSM Wealth Advisory LLC owned approximately 0.06% of Schwab U.S. Mid-Cap ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bush Investment Group LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after buying an additional 5,553 shares during the period. Anchor Investment Management LLC increased its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares during the period. World Investment Advisors LLC increased 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 during the period. Finally, US Bancorp DE increased its stake in Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. US Bancorp DE now owns 45,010 shares of the company’s stock valued at $1,247,000 after buying an additional 29,745 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $26.44 on Wednesday. The stock has a market capitalization of $10.79 billion, a P/E ratio of 18.04 and a beta of 1.16. The company’s fifty day moving average is $28.10 and its two-hundred day moving average is $28.12. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.