RFG Advisory LLC Has $2.91 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

RFG Advisory LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 350.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,081 shares of the company’s stock after purchasing an additional 76,304 shares during the period. RFG Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,907,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Creative Planning grew its stake in Schwab U.S. Mid-Cap ETF by 2.4% in the 2nd quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after buying an additional 684,597 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 25.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,272,223 shares of the company’s stock worth $288,136,000 after acquiring an additional 2,070,689 shares during the period. Advisory Alpha LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 14.7% during the second quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock worth $234,882,000 after acquiring an additional 1,072,948 shares during the period. Legacy Wealth Management Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Legacy Wealth Management Inc now owns 4,204,735 shares of the company’s stock valued at $124,628,000 after purchasing an additional 22,803 shares during the last quarter. Finally, Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the third quarter. Fragasso Financial Advisors Inc now owns 2,928,064 shares of the company’s stock valued at $87,959,000 after purchasing an additional 19,484 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.4%

NYSEARCA:SCHM opened at $32.76 on Tuesday. The stock has a market cap of $13.42 billion, a P/E ratio of 18.83 and a beta of 1.08. The stock has a 50 day simple moving average of $31.15 and a 200 day simple moving average of $30.03. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $32.84.

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.