Blue Bell Private Wealth Management LLC Has $3.83 Million Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Blue Bell Private Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.6% during the fourth quarter, Holdings Channel reports. The fund owned 138,207 shares of the company’s stock after purchasing an additional 91,617 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 0.7% of Blue Bell Private Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. Blue Bell Private Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,830,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SCHM. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc grew its position in Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $67,051,000. Fragasso Financial Advisors Inc grew its position in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. Finally, JMG Financial Group Ltd. grew its position in Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock worth $79,854,000 after acquiring an additional 1,910,992 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $26.68 on Friday. The firm has a market capitalization of $10.85 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. The business’s fifty day moving average price is $28.35 and its two-hundred day moving average price is $28.14. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.