Schwab U.S. Mid-Cap ETF $SCHM Shares Purchased by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,198,872 shares of the company’s stock after buying an additional 59,632 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.3% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 8th largest holding. Dynamic Advisor Solutions LLC owned approximately 0.29% of Schwab U.S. Mid-Cap ETF worth $44,202,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHM. Godsey & Gibb Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter worth approximately $29,000. Evergreen Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 1st quarter worth $29,000. Kingdom Financial Group LLC. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $31,000. Archer Investment Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 266.9% in the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after buying an additional 782 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $36,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.6%

SCHM opened at $35.90 on Thursday. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.19 and a twelve month high of $36.90. The firm has a market capitalization of $15.00 billion, a PE ratio of 18.83 and a beta of 1.04. The firm’s 50-day moving average price is $35.56 and its 200 day moving average price is $33.66.

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.