Souders Financial Advisors Buys 838 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Souders Financial Advisors lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,163 shares of the company’s stock after buying an additional 838 shares during the period. Souders Financial Advisors’ holdings in Schwab U.S. Mid-Cap ETF were worth $3,593,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Farmers & Merchants Investments Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $25,000. EverSource Wealth Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 75.9% in the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after acquiring an additional 148 shares during the last quarter. Chilton Capital Management LLC bought a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at $30,000. Valued Wealth Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 3,900.0% in the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 390 shares during the last quarter. Finally, Institutional & Family Asset Management LLC increased its stake in 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 acquiring an additional 360 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.0 %

NYSEARCA SCHM opened at $83.09 on Tuesday. The company has a 50-day simple moving average of $80.06 and a two-hundred day simple moving average of $79.22. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month 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.