157,852 Shares in Schwab U.S. Mid-Cap ETF $SCHM Purchased by TMB Capital Partners LLC

TMB Capital Partners LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 157,852 shares of the company’s stock, valued at approximately $4,747,000. Schwab U.S. Mid-Cap ETF comprises about 1.6% of TMB Capital Partners LLC’s holdings, making the stock its 13th biggest position.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the 4th quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after buying an additional 75,941 shares during the period. Royal Bank of Canada raised its holdings in Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after buying an additional 7,443 shares during the period. Goldman Sachs Group Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after buying an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Schwab U.S. Mid-Cap ETF by 37.4% during the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after buying an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $36.09 on Friday. The company has a 50-day moving average of $34.42 and a 200-day moving average of $32.49. The company has a market capitalization of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.10 and a 1-year high of $36.65.

Schwab U.S. Mid-Cap ETF Company 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.