Private Trust Co. NA Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Private Trust Co. NA boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.5% in the fourth quarter, Holdings Channel reports. The fund owned 16,389 shares of the company’s stock after buying an additional 10,843 shares during the quarter. Private Trust Co. NA’s holdings in Schwab U.S. Mid-Cap ETF were worth $454,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares during the period. Legacy Wealth Management Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the period. HighTower Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after acquiring an additional 82,365 shares during the period. Finally, JMG Financial Group Ltd. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after buying an additional 1,910,992 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.1 %

Schwab U.S. Mid-Cap ETF stock opened at $27.89 on Monday. The stock has a market cap of $11.34 billion, a P/E ratio of 19.14 and a beta of 1.15. The stock has a 50 day moving average of $28.43 and a 200-day moving average of $28.15. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.