Cedar Wealth Management LLC Purchases 1,977 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cedar Wealth Management LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 13.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,531 shares of the company’s stock after buying an additional 1,977 shares during the quarter. Cedar Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised 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 worth $26,000 after purchasing an additional 148 shares during the period. Chilton Capital Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter worth $30,000. Valued Wealth Advisors LLC boosted its position in 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 buying an additional 390 shares during the period. Finally, Institutional & Family Asset Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 500.0% during the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after buying an additional 360 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.6 %

NYSEARCA SCHM opened at $83.05 on Friday. The stock has a 50-day moving average of $79.73 and a 200-day moving average of $79.03. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $83.31. The firm has a market cap of $11.91 billion, a PE ratio of 16.47 and a beta of 1.09.

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.