Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Holdings Boosted by Smith Moore & CO.

Posted by Joseph Griffin on Apr 5th, 2025

Smith Moore & CO. grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 197.0% in the 4th quarter, Holdings Channel reports. The firm owned 58,207 shares of the company’s stock after acquiring an additional 38,607 shares during the quarter. Smith Moore & CO.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,613,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. boosted its position in Schwab U.S. Mid-Cap ETF by 129.1% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after purchasing an additional 33,472,238 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after acquiring an additional 6,819,239 shares during the period. Advisory Alpha LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth 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 last quarter. Legacy Wealth Management Inc increased its holdings in shares of 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. Finally, Raymond James Financial Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at about $67,051,000.

Schwab U.S. Mid-Cap ETF Stock Down 5.2 %

Schwab U.S. Mid-Cap ETF stock opened at $23.64 on Friday. Schwab U.S. Mid-Cap ETF has a 52-week low of $23.19 and a 52-week high of $30.28. The firm has a market capitalization of $9.65 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. The firm has a 50-day moving average price of $27.51 and a two-hundred day moving average price of $28.08.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.0776 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Mid-Cap ETF Company Profile

(Free Report)

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.