Meridian Wealth Partners LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 8.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 242,388 shares of the company’s stock after selling 23,125 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 1.0% of Meridian Wealth Partners LLC’s portfolio, making the stock its 21st biggest holding. Meridian Wealth Partners LLC owned 0.06% of Schwab U.S. Mid-Cap ETF worth $7,289,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in SCHM. Fifth Third Bancorp acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Accredited Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after acquiring an additional 502 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $31,000. Ransom Advisory Ltd acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $32,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $36,000.
Schwab U.S. Mid-Cap ETF Stock Up 1.1%
NYSEARCA SCHM opened at $36.02 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $27.05 and a fifty-two week high of $36.15. The stock has a market cap of $15.13 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The business has a fifty day moving average of $34.06 and a 200-day moving average of $32.29.
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.
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