PFG Investments LLC Buys 1,104 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

PFG Investments LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 30.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,680 shares of the company’s stock after purchasing an additional 1,104 shares during the quarter. PFG Investments LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $364,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SCHM. Kingsview Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.9% in the first quarter. Kingsview Wealth Management LLC now owns 14,509 shares of the company’s stock worth $1,181,000 after purchasing an additional 126 shares during the last quarter. Fairman Group LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 6.9% during the second quarter. Fairman Group LLC now owns 1,965 shares of the company’s stock valued at $153,000 after buying an additional 127 shares during the period. Cornerstone Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the second quarter. Cornerstone Wealth Management LLC now owns 11,166 shares of the company’s stock valued at $869,000 after acquiring an additional 130 shares in the last quarter. Waterfront Wealth Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.6% during the second quarter. Waterfront Wealth Inc. now owns 22,529 shares of the company’s stock valued at $1,753,000 after acquiring an additional 130 shares in the last quarter. Finally, RFG Advisory LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 3.6% in the second quarter. RFG Advisory LLC now owns 4,012 shares of the company’s stock worth $312,000 after acquiring an additional 141 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.9 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $79.51 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $82.28. The company has a market cap of $11.40 billion, a P/E ratio of 16.47 and a beta of 1.09. The company’s fifty day simple moving average is $79.33 and its two-hundred day simple moving average is $78.88.

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.