Congress Wealth Management LLC DE Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Congress Wealth Management LLC DE lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,856 shares of the company’s stock after purchasing an additional 133,875 shares during the period. Congress Wealth Management LLC DE’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,483,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. FCA Corp TX raised its position in Schwab U.S. Mid-Cap ETF by 197.6% during the fourth quarter. FCA Corp TX now owns 16,836 shares of the company’s stock worth $467,000 after acquiring an additional 11,179 shares during the period. Napatree Capital LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 176.0% during the 4th quarter. Napatree Capital LLC now owns 98,862 shares of the company’s stock worth $2,739,000 after purchasing an additional 63,043 shares during the last quarter. Meridian Wealth Partners LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 197.0% in the 4th quarter. Meridian Wealth Partners LLC now owns 272,555 shares of the company’s stock valued at $7,553,000 after buying an additional 180,786 shares in the last quarter. Hill Island Financial LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Hill Island Financial LLC now owns 20,334 shares of the company’s stock worth $563,000 after buying an additional 13,556 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Schwab U.S. Mid-Cap ETF by 202.1% during the 4th quarter. LPL Financial LLC now owns 1,630,257 shares of the company’s stock worth $45,174,000 after buying an additional 1,090,600 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.11 on Wednesday. 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 capitalization of $11.06 billion, a P/E ratio of 18.04 and a beta of 1.16. The business has a 50 day simple moving average of $27.99 and a two-hundred day simple moving average of $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.