Roxbury Financial LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,374 shares of the company’s stock, valued at approximately $39,000.
A number of other hedge funds have also added to or reduced their stakes in SCHM. Wealth Enhancement Advisory Services LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 198.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,089,280 shares of the company’s stock valued at $168,734,000 after purchasing an additional 4,046,898 shares during the last quarter. Advisory Alpha LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 27.7% in the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock worth $191,211,000 after buying an additional 1,581,924 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $24,197,000. Bank of America Corp DE grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 253.4% in the fourth quarter. Bank of America Corp DE now owns 893,092 shares of the company’s stock valued at $24,748,000 after acquiring an additional 640,410 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after acquiring an additional 616,733 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 1.0%
SCHM stock opened at $29.83 on Friday. The firm has a market cap of $12.29 billion, a PE ratio of 18.83 and a beta of 1.13. The business has a 50 day moving average of $29.00 and a 200-day moving average of $27.36. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28.
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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