First Hawaiian Bank Acquires 18,964 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First Hawaiian Bank boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,446 shares of the company’s stock after buying an additional 18,964 shares during the quarter. First Hawaiian Bank’s holdings in Schwab U.S. Mid-Cap ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after purchasing an additional 82,365 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after purchasing an additional 574,475 shares during the period. Cerity Partners LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after purchasing an additional 287,937 shares during the period. Advisory Alpha LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 7.2% in the second quarter. Advisory Alpha LLC now owns 1,837,312 shares of the company’s stock worth $143,004,000 after purchasing an additional 123,777 shares during the period. Finally, Legacy Wealth Management Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.3% in the third quarter. Legacy Wealth Management Inc now owns 1,375,275 shares of the company’s stock worth $114,272,000 after purchasing an additional 30,294 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $27.62 on Friday. The firm has a market cap of $3.96 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 company has a 50 day simple moving average of $28.74 and a two-hundred day simple moving average of $27.52.

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.