Whipplewood Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 41,924 shares of the company’s stock, valued at approximately $1,162,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of SCHM. Diversify Advisory Services LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 393.9% in the third quarter. Diversify Advisory Services LLC now owns 23,153 shares of the company’s stock valued at $1,924,000 after purchasing an additional 18,465 shares during the last quarter. Lodestar Private Asset Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 12.4% in the third quarter. Lodestar Private Asset Management LLC now owns 114,538 shares of the company’s stock valued at $9,517,000 after buying an additional 12,680 shares during the period. First Trust Direct Indexing L.P. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $375,000. Pinnacle Associates Ltd. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 3.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 43,552 shares of the company’s stock worth $3,619,000 after acquiring an additional 1,328 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $12,792,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.94 on Thursday. The stock has a market capitalization of $11.36 billion, a P/E ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The stock’s 50-day simple moving average is $28.43 and its 200 day simple moving average is $28.11.
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.
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