Next Capital Management LLC Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Next Capital Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,094 shares of the company’s stock after buying an additional 5,397 shares during the period. Next Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $224,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bush Investment Group LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after purchasing an additional 673 shares during the last quarter. Denver PWM LLC grew its position in Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares during the last quarter. World Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after buying an additional 29,745 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.8 %

Schwab U.S. Mid-Cap ETF stock opened at $26.44 on Wednesday. The business’s 50-day moving average price is $28.10 and its 200 day moving average price is $28.12. The firm has a market cap of $10.79 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

Schwab U.S. Mid-Cap ETF 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.