B. Riley Wealth Advisors Inc. Has $1.30 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

B. Riley Wealth Advisors Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 17.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,918 shares of the company’s stock after purchasing an additional 2,332 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,296,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHM. Valued Wealth Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 390 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 21.0% during the 1st quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock worth $67,000 after acquiring an additional 142 shares during the last quarter. Morton Brown Family Wealth LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at approximately $72,000. Oak Harbor Wealth Partners LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 86.7% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 1,036 shares of the company’s stock worth $78,000 after purchasing an additional 481 shares during the period. Finally, Benjamin Edwards Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 13.6% in the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after purchasing an additional 138 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.7 %

Shares of SCHM opened at $81.20 on Thursday. The stock’s 50-day moving average price is $78.76 and its two-hundred day moving average price is $78.05. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $82.26. The company has a market capitalization of $11.64 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.