LexAurum Advisors LLC Grows Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

LexAurum Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 380,620 shares of the company’s stock after acquiring an additional 18,588 shares during the period. Schwab U.S. Mid-Cap ETF comprises 1.6% of LexAurum Advisors LLC’s portfolio, making the stock its 11th largest position. LexAurum Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $11,282,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Guerra Advisors Inc bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $33,000. Geneos Wealth Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after buying an additional 519 shares during the period. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $42,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $64,000. Finally, Eastern Bank purchased a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $70,000.

Schwab U.S. Mid-Cap ETF Stock Up 2.9%

NYSEARCA:SCHM opened at $32.64 on Monday. The stock has a market cap of $13.37 billion, a P/E ratio of 18.83 and a beta of 1.08. The firm’s fifty day simple moving average is $31.09 and its 200 day simple moving average is $30.00. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $32.69.

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.