Mather Group LLC. Purchases 83,221 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Mather Group LLC. purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 83,221 shares of the company’s stock, valued at approximately $2,831,000.

A number of other large investors also recently modified their holdings of SCHM. Boltwood Capital Management bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $3,319,000. FAS Wealth Partners Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 3.8% during the 1st quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock worth $19,418,000 after buying an additional 22,838 shares during the period. Range Advisory LLC boosted its position in Schwab U.S. Mid-Cap ETF by 52.7% during the 2nd quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock worth $10,832,000 after buying an additional 101,396 shares during the period. Sunbelt Securities Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 8.9% during the 4th quarter. Sunbelt Securities Inc. now owns 285,807 shares of the company’s stock worth $8,594,000 after acquiring an additional 23,284 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 163.7% during the 1st quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock worth $7,245,000 after acquiring an additional 145,262 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $34.55 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $28.25 and a fifty-two week high of $36.92. The company’s 50 day moving average price is $35.24 and its two-hundred day moving average price is $34.83. The firm has a market capitalization of $14.59 billion, a price-to-earnings 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.