Compass Advisory Group LLC Has $20.98 Million Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Compass Advisory Group LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.9% during the third quarter, HoldingsChannel.com reports. The fund owned 707,937 shares of the company’s stock after purchasing an additional 26,263 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 5.9% of Compass Advisory Group LLC’s investment portfolio, making the stock its 5th biggest holding. Compass Advisory Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $20,983,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Guerra Advisors Inc bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $33,000. Geneos Wealth Management Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the 2nd 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. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $42,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $64,000. Finally, Eastern Bank acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $70,000.

Schwab U.S. Mid-Cap ETF Trading Up 1.1%

SCHM stock opened at $32.55 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $33.13. The firm has a market cap of $13.33 billion, a PE ratio of 18.83 and a beta of 1.08. The business’s 50-day moving average price is $31.35 and its two-hundred day moving average price is $30.11.

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.