Crescent Sterling Ltd. Purchases 241 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Crescent Sterling Ltd. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,411 shares of the company’s stock after purchasing an additional 241 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.5% of Crescent Sterling Ltd.’s portfolio, making the stock its 23rd largest position. Crescent Sterling Ltd.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,662,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FAS Wealth Partners Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. FAS Wealth Partners Inc. now owns 178,151 shares of the company’s stock worth $13,418,000 after acquiring an additional 1,205 shares in the last quarter. Nicholas Hoffman & Company LLC. boosted its stake in Schwab U.S. Mid-Cap ETF by 15.5% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock worth $1,909,000 after acquiring an additional 3,410 shares in the last quarter. Mengis Capital Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock worth $3,534,000 after acquiring an additional 175 shares in the last quarter. Larson Financial Group LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 9.5% during the fourth quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock worth $12,668,000 after acquiring an additional 14,551 shares in the last quarter. Finally, Abbrea Capital LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 3.6% during the fourth quarter. Abbrea Capital LLC now owns 29,675 shares of the company’s stock worth $2,235,000 after buying an additional 1,030 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 1.8 %

SCHM traded down $1.42 during trading on Tuesday, hitting $76.47. 208,879 shares of the company’s stock were exchanged, compared to its average volume of 315,194. The business’s 50 day moving average is $78.54 and its two-hundred day moving average is $73.94. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74. The stock has a market cap of $10.94 billion, a P/E ratio of 16.71 and a beta of 1.09.

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.