Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by IFP Advisors Inc

IFP Advisors Inc raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 803,554 shares of the company’s stock after acquiring an additional 28,425 shares during the period. IFP Advisors Inc owned about 0.19% of Schwab U.S. Mid-Cap ETF worth $27,337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHM. American Financial Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 2.6% during the first quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock worth $352,000 after acquiring an additional 291 shares in the last quarter. Tandem Investment Partners LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.2% in the third quarter. Tandem Investment Partners LLC now owns 9,483 shares of the company’s stock worth $323,000 after acquiring an additional 293 shares during the last quarter. SouthState Bank Corp lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.8% in the first quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock worth $214,000 after acquiring an additional 318 shares during the last quarter. Human Investing LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.6% in the first quarter. Human Investing LLC now owns 7,216 shares of the company’s stock worth $223,000 after acquiring an additional 320 shares during the last quarter. Finally, MOR Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 4.7% in the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock valued at $243,000 after purchasing an additional 351 shares in the last quarter.

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

SCHM opened at $34.16 on Friday. The company has a market cap of $14.44 billion, a P/E ratio of 18.83 and a beta of 1.05. The company’s 50 day moving average is $35.20 and its 200-day moving average is $34.83. Schwab U.S. Mid-Cap ETF has a 1-year low of $28.25 and a 1-year high of $36.92.

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.