Williams Financial LLC Purchases 315,352 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Williams Financial LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6,285.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 320,369 shares of the company’s stock after acquiring an additional 315,352 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 0.3% of Williams Financial LLC’s investment portfolio, making the stock its 11th biggest holding. Williams Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $25,145,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 75.9% during the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 148 shares during the period. Valued Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 390 shares during the last quarter. Institutional & Family Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 500.0% in the 2nd quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after buying an additional 360 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth about $53,000. Finally, Contravisory Investment Management Inc. boosted 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 during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded up $0.09 during trading on Friday, hitting $79.58. The stock had a trading volume of 279,919 shares, compared to its average volume of 309,271. The company’s 50-day moving average price is $78.49 and its 200 day moving average price is $78.32. The firm has a market capitalization of $11.41 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $82.26.

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.