VSM Wealth Advisory LLC Takes $1.73 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

VSM Wealth Advisory LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, Holdings Channel.com reports. The fund acquired 57,577 shares of the company’s stock, valued at approximately $1,731,000. Schwab U.S. Mid-Cap ETF accounts for approximately 0.5% of VSM Wealth Advisory LLC’s portfolio, making the stock its 28th largest holding.

Several other large investors also recently added to or reduced their stakes in SCHM. Brighton Jones LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the 4th quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after buying an additional 15,538 shares during the period. Revolve Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 194.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares in the last quarter. Royal Bank of Canada raised its holdings in Schwab U.S. Mid-Cap ETF by 5.1% in the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after acquiring an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after acquiring an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Schwab U.S. Mid-Cap ETF by 37.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after acquiring an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $33.95 on Monday. Schwab U.S. Mid-Cap ETF has a 52-week low of $26.45 and a 52-week high of $35.03. The firm has a fifty day moving average of $32.50 and a 200-day moving average of $31.51. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04.

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.