WLTH Capital Management LLC Acquires New Position in Schwab U.S. Mid-Cap ETF $SCHM

WLTH Capital Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,753 shares of the company’s stock, valued at approximately $610,000. Schwab U.S. Mid-Cap ETF comprises 0.5% of WLTH Capital Management LLC’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $30,000. Accredited Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after purchasing an additional 502 shares during the period. Kingdom Financial Group LLC. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $31,000. Ransom Advisory Ltd acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $32,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $36,000.

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

Shares of NYSEARCA:SCHM opened at $36.09 on Friday. The company has a market cap of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. The business has a fifty day simple moving average of $34.42 and a 200-day simple moving average of $32.49. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.10 and a 52 week high of $36.65.

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.