Sound Income Strategies LLC Buys 1,893 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sound Income Strategies LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 980.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,086 shares of the company’s stock after purchasing an additional 1,893 shares during the quarter. Sound Income Strategies LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $58,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SCHM. Advisory Alpha LLC increased its stake in Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the period. Fragasso Financial Advisors Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares in the last quarter. Gemmer Asset Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 209.9% in the 4th quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after buying an additional 1,027,320 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares during the period. Finally, Koshinski Asset Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 209.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 644,951 shares of the company’s stock valued at $17,872,000 after acquiring an additional 436,390 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.0 %

Shares of SCHM opened at $29.20 on Friday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company has a 50-day moving average price of $28.73 and a two-hundred day moving average price of $27.74.

About Schwab U.S. Mid-Cap ETF

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.