LexAurum Advisors LLC Acquires 18,588 Shares of Schwab U.S. Mid-Cap ETF $SCHM

LexAurum Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 380,620 shares of the company’s stock after purchasing an additional 18,588 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.6% of LexAurum Advisors LLC’s investment portfolio, making the stock its 11th biggest position. LexAurum Advisors LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $11,282,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Guerra Advisors Inc purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $33,000. Geneos Wealth Management Inc. grew its position in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after acquiring an additional 519 shares during the last quarter. Mid American Wealth Advisory Group Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $42,000. Grey Fox Wealth Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $64,000. Finally, Eastern Bank bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $70,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $32.64 on Monday. The firm has a market cap of $13.37 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $32.69. The business has a 50 day moving average price of $31.09 and a 200-day moving average price of $30.00.

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.