Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Prentice Wealth Management LLC

Prentice Wealth Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 20.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,412 shares of the company’s stock after purchasing an additional 3,668 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 0.6% of Prentice Wealth Management LLC’s holdings, making the stock its 27th largest holding. Prentice Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,744,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after purchasing an additional 136 shares in the last quarter. Carnegie Capital Asset Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock valued at $422,000 after acquiring an additional 136 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% in the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after acquiring an additional 138 shares in the last quarter. Contravisory Investment Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 21.0% in the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after acquiring an additional 142 shares in the last quarter. Finally, Sawgrass Asset Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after acquiring an additional 150 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM traded down $0.60 during mid-day trading on Wednesday, hitting $77.27. The company had a trading volume of 107,034 shares, compared to its average volume of 301,263. The company has a market capitalization of $11.08 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The business’s 50-day simple moving average is $78.40 and its 200 day simple moving average is $77.19.

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.