Global Assets Advisory LLC Buys New Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Global Assets Advisory LLC purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,592 shares of the company’s stock, valued at approximately $1,595,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Perigon Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock valued at $3,033,000 after buying an additional 136 shares in the last quarter. Carnegie Capital Asset Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 2.5% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock worth $422,000 after purchasing an additional 136 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock worth $87,000 after purchasing an additional 138 shares in the last quarter. Contravisory Investment Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 21.0% during the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock worth $67,000 after purchasing an additional 142 shares in the last quarter. Finally, Sawgrass Asset Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock worth $862,000 after purchasing an additional 150 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

Shares of SCHM stock opened at $77.87 on Wednesday. The stock has a market capitalization of $11.16 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The stock’s 50-day moving average price is $78.40 and its 200 day moving average price is $77.19.

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.