Exencial Wealth Advisors LLC Raises Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Exencial Wealth Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.8% during the second quarter, Holdings Channel reports. The institutional investor owned 1,289,997 shares of the company’s stock after acquiring an additional 47,004 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.3% of Exencial Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position. Exencial Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $36,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SCHM. EP Wealth Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 1.1% during the first quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock worth $967,000 after purchasing an additional 386 shares in the last quarter. Von Berge Wealth Management Group LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Von Berge Wealth Management Group LLC now owns 116,818 shares of the company’s stock worth $3,376,000 after purchasing an additional 395 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the first quarter. Citizens Financial Group Inc. RI now owns 135,348 shares of the company’s stock worth $3,546,000 after purchasing an additional 398 shares in the last quarter. LifePlan Financial LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.3% during the second quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock worth $595,000 after purchasing an additional 470 shares in the last quarter. Finally, Alpha Omega Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock worth $4,052,000 after purchasing an additional 482 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.3%

Shares of SCHM stock opened at $29.92 on Wednesday. The company has a market capitalization of $12.25 billion, a P/E ratio of 18.83 and a beta of 1.13. The business’s 50 day moving average is $29.59 and its two-hundred day moving average is $27.97. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28.

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.