Kingswood Wealth Advisors LLC Purchases 6,716 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Kingswood Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,193 shares of the company’s stock after purchasing an additional 6,716 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,418,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHM. EP Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 1.1% in the 1st quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock worth $967,000 after acquiring an additional 386 shares during the period. Citizens Financial Group Inc. RI grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 1st quarter. Citizens Financial Group Inc. RI now owns 135,348 shares of the company’s stock valued at $3,546,000 after buying an additional 398 shares during the period. LifePlan Financial LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.3% during the 2nd quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock worth $595,000 after purchasing an additional 470 shares during the period. Alpha Omega Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the 2nd 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 during the period. Finally, Morris Financial Concepts Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 21.0% during the 1st quarter. Morris Financial Concepts Inc. now owns 2,977 shares of the company’s stock worth $78,000 after purchasing an additional 517 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $30.04 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28. The firm has a market capitalization of $12.34 billion, a P/E ratio of 18.83 and a beta of 1.13. The company’s fifty day moving average price is $29.34 and its two-hundred day moving average price is $27.72.

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.