Global Wealth Strategies & Associates Purchases 161 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Global Wealth Strategies & Associates raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 28.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 735 shares of the company’s stock after purchasing an additional 161 shares during the quarter. Global Wealth Strategies & Associates’ holdings in Schwab U.S. Mid-Cap ETF were worth $61,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 75.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 148 shares in the last quarter. Chilton Capital Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth about $30,000. Valued Wealth Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% during the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 390 shares during the last quarter. Finally, Institutional & Family Asset Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 500.0% in the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after purchasing an additional 360 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $82.51 on Thursday. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock’s fifty day moving average price is $80.17 and its two-hundred day moving average price is $79.27. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $83.69.

Schwab U.S. Mid-Cap ETF Company 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.