Meriwether Wealth & Planning LLC Invests $212,000 in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Meriwether Wealth & Planning LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,656 shares of the company’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Johnson Investment Counsel Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 206.2% during the 4th quarter. Johnson Investment Counsel Inc. now owns 563,106 shares of the company’s stock valued at $15,604,000 after acquiring an additional 379,230 shares during the period. Lowery Thomas LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 209.6% during the 4th quarter. Lowery Thomas LLC now owns 44,471 shares of the company’s stock valued at $1,232,000 after acquiring an additional 30,109 shares during the period. Voisard Asset Management Group Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 57.8% during the 4th quarter. Voisard Asset Management Group Inc. now owns 138,473 shares of the company’s stock valued at $3,837,000 after acquiring an additional 50,704 shares during the period. NBT Bank N A NY boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. NBT Bank N A NY now owns 24,600 shares of the company’s stock valued at $682,000 after acquiring an additional 16,400 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $254,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $26.85 on Monday. The business has a 50-day moving average of $28.33 and a 200 day moving average of $28.16. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The stock has a market capitalization of $10.92 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15.

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.