Sculati Wealth Management LLC Raises Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sculati Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 91.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,744 shares of the company’s stock after purchasing an additional 33,254 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 2.3% of Sculati Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Sculati Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. National Bank of Canada FI increased its stake in shares of Schwab U.S. Mid-Cap ETF by 72.8% in the second quarter. National Bank of Canada FI now owns 6,055 shares of the company’s stock worth $480,000 after purchasing an additional 2,550 shares during the period. Choreo LLC increased its position in Schwab U.S. Mid-Cap ETF by 41.3% in the 2nd quarter. Choreo LLC now owns 28,763 shares of the company’s stock worth $2,217,000 after buying an additional 8,409 shares during the period. Advisory Alpha LLC increased its position in Schwab U.S. Mid-Cap ETF by 7.2% in the 2nd quarter. Advisory Alpha LLC now owns 1,837,312 shares of the company’s stock worth $143,004,000 after buying an additional 123,777 shares during the period. Creekside Partners acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $2,885,000. Finally, Silver Lake Advisory LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $1,003,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.1 %

Shares of SCHM stock opened at $27.71 on Wednesday. The firm has a market capitalization of $3.97 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28. The firm’s fifty day simple moving average is $28.72 and its 200 day simple moving average is $27.44.

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.