Westview Management dba Westview Investment Advisors Invests $1.95 Million in Schwab U.S. Mid-Cap ETF $SCHM

Westview Management dba Westview Investment Advisors acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 64,898 shares of the company’s stock, valued at approximately $1,951,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Denver PWM LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 4.9% in the 2nd quarter. Denver PWM LLC now owns 650,802 shares of the company’s stock valued at $18,255,000 after purchasing an additional 30,453 shares in the last quarter. Caprock Group LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $697,000. Arkadios Wealth Advisors bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $727,000. Belpointe Asset Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 85.8% in the third quarter. Belpointe Asset Management LLC now owns 45,867 shares of the company’s stock valued at $1,359,000 after acquiring an additional 21,177 shares in the last quarter. Finally, Seneca Financial Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 16.8% in the third quarter. Seneca Financial Advisors LLC now owns 696,167 shares of the company’s stock valued at $20,634,000 after acquiring an additional 100,076 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $30.47 on Monday. The company has a market capitalization of $12.48 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 $33.18. The company’s fifty day moving average price is $32.09 and its two-hundred day moving average price is $30.67.

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.