Monetary Solutions Ltd Acquires Shares of 304,332 Schwab U.S. Mid-Cap ETF $SCHM

Monetary Solutions Ltd bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 304,332 shares of the company’s stock, valued at approximately $9,151,000. Schwab U.S. Mid-Cap ETF accounts for 9.0% of Monetary Solutions Ltd’s investment portfolio, making the stock its 2nd largest holding. Monetary Solutions Ltd owned about 0.07% of Schwab U.S. Mid-Cap ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kiley Juergens Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 2.8% during the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after buying an additional 323 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after acquiring an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 4.3% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock valued at $258,000 after acquiring an additional 355 shares during the period. Planwiser Financial LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.4% during the 3rd quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after acquiring an additional 357 shares during the period. Finally, Bouchey Financial Group Ltd increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 3rd quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock worth $1,155,000 after purchasing an additional 370 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.5%

Shares of SCHM stock opened at $36.09 on Friday. The firm has a market cap of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. The company has a 50 day moving average of $34.42 and a 200-day moving average of $32.49. Schwab U.S. Mid-Cap ETF has a 12-month low of $27.10 and a 12-month high of $36.65.

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.