Lindenwold Advisors INC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,845 shares of the company’s stock, valued at approximately $550,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Natixis Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $919,000. St. Louis Trust Co increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 25.1% in the 3rd quarter. St. Louis Trust Co now owns 25,194 shares of the company’s stock worth $2,093,000 after buying an additional 5,059 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 43.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 33,691 shares of the company’s stock valued at $2,799,000 after purchasing an additional 10,153 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after purchasing an additional 357 shares in the last quarter. Finally, Strategy Asset Managers LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $320,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of Schwab U.S. Mid-Cap ETF stock opened at $26.44 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The stock has a market capitalization of $10.79 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. The company has a fifty day moving average of $28.10 and a 200-day moving average of $28.12.
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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