Transform Wealth LLC Increases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Transform Wealth LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 30,432 shares of the company’s stock after purchasing an additional 446 shares during the period. Transform Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,478,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHM. Perigon Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock valued at $3,033,000 after purchasing an additional 136 shares during the period. Carnegie Capital Asset Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.5% during the 4th quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock worth $422,000 after buying an additional 136 shares in the last quarter. Benjamin Edwards Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after buying an additional 138 shares during the period. Contravisory Investment Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 21.0% in the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after acquiring an additional 142 shares in the last quarter. Finally, Sawgrass Asset Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after acquiring an additional 150 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock traded up $0.24 during midday trading on Friday, hitting $77.88. 117,186 shares of the company’s stock were exchanged, compared to its average volume of 300,711. The company has a market cap of $11.16 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50-day moving average of $78.47 and a two-hundred day moving average of $77.20. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74.

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.