St. Johns Investment Management Company LLC Grows Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

St. Johns Investment Management Company LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 405,097 shares of the company’s stock after acquiring an additional 269,945 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 5.2% of St. Johns Investment Management Company LLC’s portfolio, making the stock its 3rd biggest holding. St. Johns Investment Management Company LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $11,225,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. AQR Capital Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 56.9% during the second quarter. AQR Capital Management LLC now owns 80,039 shares of the company’s stock valued at $6,229,000 after buying an additional 29,028 shares in the last quarter. Silver Lake Advisory LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $1,003,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after purchasing an additional 574,475 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 24.5% in the 2nd quarter. NewEdge Advisors LLC now owns 50,285 shares of the company’s stock worth $3,914,000 after purchasing an additional 9,898 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 6.7% during the second quarter. Sunbelt Securities Inc. now owns 89,180 shares of the company’s stock worth $6,941,000 after buying an additional 5,569 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

SCHM opened at $29.19 on Friday. The firm has a market cap of $4.18 billion, a PE ratio of 16.47 and a beta of 1.09. The business has a fifty day simple moving average of $28.71 and a 200-day simple moving average of $27.69. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28.

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.