Empirical Financial Services LLC d.b.a. Empirical Wealth Management Acquires 8,468 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 270.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,597 shares of the company’s stock after acquiring an additional 8,468 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $321,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Global Wealth Strategies & Associates grew its stake in shares of Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the period. Centaurus Financial Inc. grew its position in Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after buying an additional 209 shares during the period. Avior Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the last quarter. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $30,000. Finally, Leisure Capital Management boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.90 on Thursday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The firm has a fifty day moving average price of $28.75 and a 200-day moving average price of $27.79. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.