Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Mather Group LLC.

Mather Group LLC. boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,321 shares of the company’s stock after acquiring an additional 2,573 shares during the quarter. Mather Group LLC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,283,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in Schwab U.S. Mid-Cap ETF by 10.9% in the fourth quarter. Allworth Financial LP now owns 81,374 shares of the company’s stock worth $6,129,000 after purchasing an additional 7,985 shares during the period. Souders Financial Advisors boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.6% in the fourth quarter. Souders Financial Advisors now owns 45,087 shares of the company’s stock valued at $3,396,000 after acquiring an additional 247 shares in the last quarter. Phillips Financial Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 3.1% during the fourth quarter. Phillips Financial Management LLC now owns 16,575 shares of the company’s stock valued at $1,248,000 after acquiring an additional 495 shares during the period. HC Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 3.9% during the fourth quarter. HC Advisors LLC now owns 33,799 shares of the company’s stock valued at $2,546,000 after acquiring an additional 1,280 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 5.1% during the fourth quarter. Bleakley Financial Group LLC now owns 197,017 shares of the company’s stock worth $14,839,000 after purchasing an additional 9,479 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.8 %

NYSEARCA SCHM traded up $0.63 on Tuesday, reaching $76.10. 363,801 shares of the stock traded hands, compared to its average volume of 306,636. 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 cap of $10.91 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s fifty day simple moving average is $78.65 and its 200 day simple moving average is $78.17.

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.