LexAurum Advisors LLC Acquires 13,426 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

LexAurum Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,008 shares of the company’s stock after purchasing an additional 13,426 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 1.4% of LexAurum Advisors LLC’s portfolio, making the stock its 13th biggest position. LexAurum Advisors LLC owned 0.07% of Schwab U.S. Mid-Cap ETF worth $7,205,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares during the period. Oarsman Capital Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after buying an additional 622 shares during the period. Truvestments Capital LLC raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the period. Blume Capital Management Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after buying an additional 700 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after buying an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $27.54 on Friday. The company has a market cap of $11.42 billion, a P/E ratio of 19.13 and a beta of 1.07. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28. The stock’s 50 day simple moving average is $25.90 and its 200 day simple moving average is $27.40.

Schwab U.S. Mid-Cap ETF Company 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.