Congress Wealth Management LLC DE Raises Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Congress Wealth Management LLC DE lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 197,856 shares of the company’s stock after purchasing an additional 133,875 shares during the quarter. Congress Wealth Management LLC DE owned about 0.14% of Schwab U.S. Mid-Cap ETF worth $5,483,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Natixis Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $919,000. PNC Financial Services Group Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 43.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 33,691 shares of the company’s stock valued at $2,799,000 after acquiring an additional 10,153 shares during the period. Kingsview Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 15,197 shares of the company’s stock valued at $1,263,000 after acquiring an additional 514 shares during the last quarter. Summit Trail Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 51.1% in the third quarter. Summit Trail Advisors LLC now owns 13,345 shares of the company’s stock worth $1,109,000 after acquiring an additional 4,514 shares during the period. Finally, FMR LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 18.1% during the third quarter. FMR LLC now owns 28,711 shares of the company’s stock worth $2,386,000 after purchasing an additional 4,407 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.1 %

Shares of SCHM stock opened at $27.11 on Wednesday. The stock has a market cap of $11.06 billion, a PE ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The business has a 50-day simple moving average of $27.99 and a 200-day simple moving average of $28.13.

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.