Williams Financial LLC Has $25.15 Million Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Williams Financial LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6,285.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 320,369 shares of the company’s stock after acquiring an additional 315,352 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 0.3% of Williams Financial LLC’s investment portfolio, making the stock its 11th biggest position. Williams Financial LLC owned about 0.22% of Schwab U.S. Mid-Cap ETF worth $25,145,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Corient Private Wealth LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.4% during the fourth quarter. Corient Private Wealth LLC now owns 231,075 shares of the company’s stock valued at $17,405,000 after acquiring an additional 5,389 shares during the period. Nicholas Hoffman & Company LLC. increased its position in shares of Schwab U.S. Mid-Cap ETF by 15.5% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,410 shares during the period. Larson Financial Group LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 9.5% in the fourth quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock valued at $12,668,000 after purchasing an additional 14,551 shares in the last quarter. Napatree Capital LLC bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $2,110,000. Finally, Abbrea Capital LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 3.6% during the fourth quarter. Abbrea Capital LLC now owns 29,675 shares of the company’s stock worth $2,235,000 after buying an additional 1,030 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock traded up $0.09 during mid-day trading on Friday, reaching $79.58. The company’s stock had a trading volume of 279,919 shares, compared to its average volume of 309,271. The firm’s 50-day moving average is $78.49 and its two-hundred day moving average is $78.32. The company has a market cap of $11.41 billion, a P/E 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 $82.26.

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.