Schwab U.S. Mid-Cap ETF $SCHM Stock: IFP Advisors Inc Increases Holdings

IFP Advisors Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 803,554 shares of the company’s stock after buying an additional 28,425 shares during the period. IFP Advisors Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $27,337,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHM. Boltwood Capital Management bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $3,319,000. FAS Wealth Partners Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 3.8% in the first quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock valued at $19,418,000 after buying an additional 22,838 shares during the period. Range Advisory LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 52.7% in the second quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock valued at $10,832,000 after buying an additional 101,396 shares during the period. RFG Advisory LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 163.7% in the 1st quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock valued at $7,245,000 after buying an additional 145,262 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in Schwab U.S. Mid-Cap ETF by 9.5% in the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after buying an additional 111,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $34.16 on Friday. The firm’s 50 day simple moving average is $35.20 and its 200 day simple moving average is $34.83. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The company has a market cap of $14.44 billion, a PE ratio of 18.83 and a beta of 1.05.

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.