Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,345,175 shares of the company’s stock after buying an additional 2,234,519 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 7.1% of Fragasso Financial Advisors Inc’s holdings, making the stock its 2nd largest holding. Fragasso Financial Advisors Inc owned about 2.33% of Schwab U.S. Mid-Cap ETF worth $92,695,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Envision Financial LLC bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $3,968,000. Brookstone Capital Management boosted its holdings in Schwab U.S. Mid-Cap ETF by 206.9% during the fourth quarter. Brookstone Capital Management now owns 179,901 shares of the company’s stock worth $4,985,000 after buying an additional 121,276 shares during the last quarter. Crescent Sterling Ltd. grew its position in shares of Schwab U.S. Mid-Cap ETF by 188.9% during the 4th quarter. Crescent Sterling Ltd. now owns 40,861 shares of the company’s stock worth $1,132,000 after buying an additional 26,716 shares during the period. EWG Elevate Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 178.0% in the 4th quarter. EWG Elevate Inc. now owns 228,380 shares of the company’s stock valued at $6,328,000 after acquiring an additional 146,232 shares during the last quarter. Finally, Graypoint LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 191.5% in the 4th quarter. Graypoint LLC now owns 44,089 shares of the company’s stock valued at $1,222,000 after acquiring an additional 28,963 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

SCHM traded up $0.10 during trading on Monday, hitting $27.72. The company had a trading volume of 662,832 shares, compared to its average volume of 1,205,117. The firm’s 50-day moving average price is $28.74 and its 200 day moving average price is $27.54. The company has a market capitalization of $3.97 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28.

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.