Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Holdings Boosted by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 215.9% during the fourth quarter, Holdings Channel reports. The fund owned 1,109,317 shares of the company’s stock after purchasing an additional 758,129 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.1% of Exencial Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Exencial Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $30,739,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHM. Advisory Alpha LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc increased its position in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc raised its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares in the last quarter. JMG Financial Group Ltd. boosted its position in Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock worth $79,854,000 after acquiring an additional 1,910,992 shares during the period. Finally, Summit Financial Strategies Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after purchasing an additional 1,282,163 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $27.26 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The stock’s fifty day moving average is $28.42 and its 200-day moving average is $28.16. The firm has a market capitalization of $11.09 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.