IAG Wealth Partners LLC Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

IAG Wealth Partners LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 191.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,153 shares of the company’s stock after buying an additional 31,650 shares during the quarter. IAG Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HBK Sorce Advisory LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 180.3% in the fourth quarter. HBK Sorce Advisory LLC now owns 456,559 shares of the company’s stock valued at $12,651,000 after buying an additional 293,697 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 202.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 36,737 shares of the company’s stock valued at $1,018,000 after buying an additional 24,586 shares during the last quarter. Liberty Wealth Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $202,000. Truvestments Capital LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after buying an additional 656 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 1,731.8% in the fourth quarter. Farther Finance Advisors LLC now owns 253,230 shares of the company’s stock valued at $7,017,000 after buying an additional 239,406 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $26.07 on Thursday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The business has a 50 day simple moving average of $28.23 and a 200-day simple moving average of $28.14. The stock has a market capitalization of $10.60 billion, a PE ratio of 19.14 and a beta of 1.15.

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.