Worth Asset Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 19,849 shares of the company’s stock, valued at approximately $732,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Trust Point Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the second quarter. Trust Point Inc. now owns 247,145 shares of the company’s stock valued at $9,112,000 after acquiring an additional 1,777 shares in the last quarter. Palouse Capital Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 87.6% during the 2nd quarter. Palouse Capital Management Inc. now owns 3,952 shares of the company’s stock worth $146,000 after acquiring an additional 1,845 shares in the last quarter. Meriwether Wealth & Planning LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 24.1% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 11,012 shares of the company’s stock worth $406,000 after acquiring an additional 2,140 shares in the last quarter. Gainplan LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $249,000. Finally, Dynamic Advisor Solutions LLC increased its position in Schwab U.S. Mid-Cap ETF by 5.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 1,198,872 shares of the company’s stock valued at $44,202,000 after purchasing an additional 59,632 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA:SCHM opened at $36.09 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $28.19 and a one year high of $36.90. The firm has a market cap of $15.08 billion, a P/E ratio of 18.83 and a beta of 1.04. The firm has a 50-day simple moving average of $35.58 and a 200-day simple moving average of $33.70.
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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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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