83,221 Shares of Schwab U.S. Mid-Cap ETF $SCHM Acquired by Mather Group LLC.

Mather Group LLC. purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 83,221 shares of the company’s stock, valued at approximately $2,831,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fragasso Financial Advisors Inc raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock worth $100,086,000 after acquiring an additional 20,487 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 9.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock worth $57,157,000 after acquiring an additional 139,644 shares during the period. 93 Financial Group LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth approximately $48,614,000. Dynamic Advisor Solutions LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 5.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 1,198,872 shares of the company’s stock worth $44,202,000 after acquiring an additional 59,632 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Schwab U.S. Mid-Cap ETF by 9.5% in the first quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after acquiring an additional 111,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $34.55 on Friday. The business’s 50 day simple moving average is $35.24 and its 200 day simple moving average is $34.83. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The stock has a market capitalization of $14.59 billion, a PE ratio of 18.83 and a beta of 1.05.

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.