JMG Financial Group Ltd. Acquires 54,379 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

JMG Financial Group Ltd. increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,003,645 shares of the company’s stock after acquiring an additional 54,379 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 3.2% of JMG Financial Group Ltd.’s portfolio, making the stock its 8th biggest holding. JMG Financial Group Ltd.’s holdings in Schwab U.S. Mid-Cap ETF were worth $75,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHM. National Bank of Canada FI boosted its position in Schwab U.S. Mid-Cap ETF by 118.0% during the third quarter. National Bank of Canada FI now owns 3,505 shares of the company’s stock worth $247,000 after purchasing an additional 1,897 shares in the last quarter. AE Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 54.7% during the third quarter. AE Wealth Management LLC now owns 11,510 shares of the company’s stock worth $779,000 after purchasing an additional 4,068 shares in the last quarter. RFG Advisory LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth $250,000. Naples Global Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 4.5% during the third quarter. Naples Global Advisors LLC now owns 14,140 shares of the company’s stock worth $957,000 after purchasing an additional 605 shares in the last quarter. Finally, Flagship Harbor Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 4.0% during the third quarter. Flagship Harbor Advisors LLC now owns 15,875 shares of the company’s stock worth $1,074,000 after purchasing an additional 610 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM traded up $0.92 during trading on Tuesday, reaching $77.31. 203,535 shares of the stock were exchanged, compared to its average volume of 321,785. The business’s 50 day moving average price is $78.45 and its two-hundred day moving average price is $73.58. The company has a market capitalization of $11.06 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year 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.