Meriwether Wealth & Planning LLC Acquires New Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Meriwether Wealth & Planning LLC bought a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 7,656 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Avior Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares during the last quarter. Archer Investment Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the last quarter. Schneider Downs Wealth Management Advisors LP increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after acquiring an additional 421 shares during the last quarter. Von Berge Wealth Management Group LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 4th quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock worth $3,368,000 after acquiring an additional 426 shares during the last quarter. Finally, Waterfront Wealth Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after acquiring an additional 461 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.6 %

Shares of SCHM opened at $26.85 on Monday. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The company has a market capitalization of $10.92 billion, a PE ratio of 19.14 and a beta of 1.15. The stock has a fifty day simple moving average of $28.33 and a two-hundred day simple moving average of $28.16.

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.