Panoramic Investment Advisors LLC Purchases 17,377 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Panoramic Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 27.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,403 shares of the company’s stock after purchasing an additional 17,377 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 1.4% of Panoramic Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Panoramic Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,413,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SCHM. Meriwether Wealth & Planning LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 5.0% in the third quarter. Meriwether Wealth & Planning LLC now owns 8,235 shares of the company’s stock worth $244,000 after buying an additional 389 shares in the last quarter. Von Berge Wealth Management Group LLC increased its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the 2nd quarter. Von Berge Wealth Management Group LLC now owns 116,818 shares of the company’s stock worth $3,376,000 after acquiring an additional 395 shares during the last quarter. LifePlan Financial LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.3% in the 2nd quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock worth $595,000 after acquiring an additional 470 shares during the last quarter. Alpha Omega Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock valued at $4,052,000 after acquiring an additional 482 shares in the last quarter. Finally, S.A. Mason LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1.1% during the 3rd quarter. S.A. Mason LLC now owns 46,817 shares of the company’s stock valued at $1,388,000 after acquiring an additional 500 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.9%

Shares of NYSEARCA SCHM opened at $31.67 on Monday. The business has a 50-day moving average of $30.03 and a 200-day moving average of $29.51. The firm has a market capitalization of $12.96 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $31.73.

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.