RMR Wealth Builders Has $880,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

RMR Wealth Builders lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 494.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,773 shares of the company’s stock after acquiring an additional 26,432 shares during the quarter. RMR Wealth Builders’ holdings in Schwab U.S. Mid-Cap ETF were worth $880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in Schwab U.S. Mid-Cap ETF by 53.7% in the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after purchasing an additional 2,074 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 10.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock worth $898,000 after buying an additional 1,131 shares during the period. Glass Jacobson Investment Advisors llc raised its stake in Schwab U.S. Mid-Cap ETF by 26.9% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 5,799 shares of the company’s stock worth $451,000 after buying an additional 1,230 shares during the period. Cedar Wealth Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 13.6% in the second quarter. Cedar Wealth Management LLC now owns 16,531 shares of the company’s stock valued at $1,287,000 after acquiring an additional 1,977 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 7.9% during the second quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock valued at $45,714,000 after acquiring an additional 42,819 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.3 %

Shares of SCHM opened at $28.49 on Thursday. The business’s fifty day moving average is $28.74 and its 200 day moving average is $27.58. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28. The stock has a market cap of $4.08 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.