Cetera Investment Advisers Buys 111,937 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Cetera Investment Advisers increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,285,570 shares of the company’s stock after buying an additional 111,937 shares during the period. Cetera Investment Advisers’ holdings in Schwab U.S. Mid-Cap ETF were worth $39,801,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Valpey Financial Services LLC increased its position in Schwab U.S. Mid-Cap ETF by 2,876.4% in the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock valued at $140,495,000 after buying an additional 4,082,734 shares in the last quarter. 93 Financial Group LLC bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth approximately $48,614,000. Financial Planning Navigators CORP acquired a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $22,267,000. Moneta Group Investment Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 6.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after acquiring an additional 648,134 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 97.8% during the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after acquiring an additional 637,571 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.5%

NYSEARCA SCHM opened at $34.99 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.76 and a 52 week high of $36.90. The business has a 50 day moving average price of $35.46 and a 200-day moving average price of $33.45. The company has a market cap of $14.59 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03.

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.