Sage Financial Management Group Inc. Buys 97,344 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sage Financial Management Group Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 146,391 shares of the company’s stock after acquiring an additional 97,344 shares during the period. Schwab U.S. Mid-Cap ETF comprises 1.5% of Sage Financial Management Group Inc.’s portfolio, making the stock its 17th biggest position. Sage Financial Management Group Inc. owned about 0.10% of Schwab U.S. Mid-Cap ETF worth $4,056,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHM. Global Wealth Strategies & Associates boosted its position in Schwab U.S. Mid-Cap ETF by 28.0% during the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the last quarter. Centaurus Financial Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock worth $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares in the last quarter. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Finally, Leisure Capital Management raised its position in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $28.90 on Thursday. The company has a market cap of $4.14 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50-day moving average of $28.75 and a 200-day moving average of $27.79. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28.

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.