18,753 Shares in Schwab U.S. Mid-Cap ETF $SCHM Acquired by WLTH Capital Management LLC

WLTH Capital Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, HoldingsChannel reports. The fund bought 18,753 shares of the company’s stock, valued at approximately $610,000. Schwab U.S. Mid-Cap ETF accounts for 0.5% of WLTH Capital Management LLC’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $30,000. Accredited Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after buying an additional 502 shares during the period. Kingdom Financial Group LLC. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $31,000. Ransom Advisory Ltd purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $32,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $36,000.

Schwab U.S. Mid-Cap ETF Trading Up 1.5%

Shares of SCHM opened at $36.09 on Friday. The firm has a market capitalization of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. The stock’s fifty day simple moving average is $34.42 and its 200 day simple moving average is $32.49. Schwab U.S. Mid-Cap ETF has a twelve month low of $27.10 and a twelve month high of $36.65.

Schwab U.S. Mid-Cap ETF Company 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.