Synovus Financial Corp Buys 7,626 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Synovus Financial Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 100.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,250 shares of the company’s stock after acquiring an additional 7,626 shares during the quarter. Synovus Financial Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,267,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $66,000. World Investment Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after buying an additional 747 shares during the period. Sanctuary Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 170.4% in the third quarter. Sanctuary Advisors LLC now owns 17,003 shares of the company’s stock worth $1,413,000 after acquiring an additional 10,716 shares in the last quarter. Sculati Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 91.1% during the third quarter. Sculati Wealth Management LLC now owns 69,744 shares of the company’s stock valued at $5,679,000 after acquiring an additional 33,254 shares in the last quarter. Finally, Anchor Investment Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 1.3 %

NYSEARCA SCHM opened at $28.04 on Friday. The company has a market cap of $4.02 billion, a P/E ratio of 16.47 and a beta of 1.09. The company has a fifty day simple moving average of $28.73 and a 200 day simple moving average of $27.46. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28.

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.