Triangle Securities Wealth Management Has $16.47 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Triangle Securities Wealth Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.9% during the first quarter, Holdings Channel.com reports. The firm owned 532,039 shares of the company’s stock after acquiring an additional 15,208 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 3.7% of Triangle Securities Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. Triangle Securities Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $16,472,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Christensen King & Associates Investment Services Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the first quarter. Christensen King & Associates Investment Services Inc. now owns 355,057 shares of the company’s stock worth $10,993,000 after purchasing an additional 1,476 shares during the last quarter. White Pine Investment CO raised its position in Schwab U.S. Mid-Cap ETF by 2.7% during the 1st quarter. White Pine Investment CO now owns 243,804 shares of the company’s stock worth $7,548,000 after purchasing an additional 6,507 shares during the last quarter. Blue Trust Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 14.8% during the 1st quarter. Blue Trust Inc. now owns 3,621 shares of the company’s stock worth $112,000 after buying an additional 466 shares during the period. RFG Advisory LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 163.7% during the 1st quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock worth $7,245,000 after buying an additional 145,262 shares during the period. Finally, Apella Capital LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the 1st quarter. Apella Capital LLC now owns 22,317 shares of the company’s stock valued at $753,000 after buying an additional 632 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 2.0%

NYSEARCA SCHM opened at $36.50 on Friday. The firm has a market capitalization of $15.33 billion, a PE ratio of 18.83 and a beta of 1.04. The business’s 50-day moving average price is $34.77 and its two-hundred day moving average price is $32.70. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.63 and a 12 month high of $36.66.

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.