Schwab U.S. Mid-Cap ETF $SCHM Shares Bought by Seneca Financial Advisors LLC

Seneca Financial Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.8% during the third quarter, HoldingsChannel reports. The fund owned 696,167 shares of the company’s stock after purchasing an additional 100,076 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 6.7% of Seneca Financial Advisors LLC’s holdings, making the stock its 5th biggest position. Seneca Financial Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $20,634,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SCHM. Atwood & Palmer Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at $25,000. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $38,000. Roxbury Financial LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $39,000. Geneos Wealth Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 54.1% during 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 last quarter. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $42,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $31.40 on Wednesday. The stock’s 50 day moving average price is $29.92 and its 200 day moving average price is $29.43. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $31.42. The company has a market capitalization of $12.86 billion, a P/E ratio of 18.83 and a beta of 1.08.

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.