Simplicity Wealth LLC Buys Shares of 9,158 Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Simplicity Wealth LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,158 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Jackson Hole Capital Partners LLC grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 1,650 shares of the company’s stock valued at $46,000 after purchasing an additional 1,100 shares in the last quarter. Strategic Equity Management boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 162.1% during the 4th quarter. Strategic Equity Management now owns 46,801 shares of the company’s stock worth $1,297,000 after acquiring an additional 28,947 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 181.1% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 1,560 shares of the company’s stock worth $43,000 after acquiring an additional 1,005 shares in the last quarter. Rialto Wealth Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth about $1,186,000. Finally, Larson Financial Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 185.5% during the 4th quarter. Larson Financial Group LLC now owns 443,600 shares of the company’s stock worth $12,292,000 after acquiring an additional 288,201 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $26.21 on Tuesday. The company has a market cap of $10.66 billion, a PE ratio of 19.14 and a beta of 1.15. The stock has a 50-day moving average of $28.30 and a 200-day moving average of $28.16. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28.

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.