CJM Wealth Advisers Ltd. Takes $206,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

CJM Wealth Advisers Ltd. acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 7,441 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after purchasing an additional 82,365 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after buying an additional 574,475 shares in the last quarter. Cerity Partners LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after buying an additional 287,937 shares during the last quarter. Advisory Alpha LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 7.2% during the 2nd quarter. Advisory Alpha LLC now owns 1,837,312 shares of the company’s stock valued at $143,004,000 after buying an additional 123,777 shares during the last quarter. Finally, Legacy Wealth Management Inc increased its position in Schwab U.S. Mid-Cap ETF by 2.3% during the third quarter. Legacy Wealth Management Inc now owns 1,375,275 shares of the company’s stock worth $114,272,000 after buying an additional 30,294 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

Shares of NYSEARCA:SCHM opened at $27.95 on Friday. The company has a market capitalization of $4.01 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28. The stock’s fifty day simple moving average is $28.74 and its 200-day simple moving average is $27.51.

Schwab U.S. Mid-Cap ETF 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.