Millstone Evans Group LLC Buys Shares of 2,004 Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Millstone Evans Group LLC purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,004 shares of the company’s stock, valued at approximately $56,000.

A number of other institutional investors also recently modified their holdings of the company. TD Private Client Wealth LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 15,620.5% in the fourth quarter. TD Private Client Wealth LLC now owns 23,738 shares of the company’s stock valued at $658,000 after purchasing an additional 23,587 shares during the period. Independent Solutions Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 179.5% in the fourth quarter. Independent Solutions Wealth Management LLC now owns 131,781 shares of the company’s stock valued at $3,652,000 after purchasing an additional 84,634 shares during the period. Ballast Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 170.0% in the fourth quarter. Ballast Advisors LLC now owns 6,987 shares of the company’s stock valued at $194,000 after purchasing an additional 4,399 shares during the period. Lowe Brockenbrough & Co. Inc. increased its position in Schwab U.S. Mid-Cap ETF by 188.8% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 164,187 shares of the company’s stock worth $4,550,000 after acquiring an additional 107,345 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its position in Schwab U.S. Mid-Cap ETF by 199.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 370,764 shares of the company’s stock worth $10,270,000 after acquiring an additional 247,133 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.4 %

Shares of SCHM stock opened at $26.50 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm’s fifty day simple moving average is $28.03 and its 200 day simple moving average is $28.12. The firm has a market capitalization of $10.81 billion, a P/E ratio of 18.04 and a beta of 1.16.

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.