Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Bush Investment Group LLC

Bush Investment Group LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 200.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 385,929 shares of the company’s stock after acquiring an additional 257,550 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 8.3% of Bush Investment Group LLC’s holdings, making the stock its 4th largest position. Bush Investment Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,694,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHM. Farmers & Merchants Investments Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares during the period. Oarsman Capital Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock valued at $26,000 after acquiring an additional 622 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares in the last quarter. Truvestments Capital LLC raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after acquiring an additional 656 shares in the last quarter. Finally, Blume Capital Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after purchasing an additional 700 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 5.2 %

SCHM opened at $23.64 on Monday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $23.19 and a fifty-two week high of $30.28. The firm has a market cap of $9.65 billion, a PE ratio of 18.01 and a beta of 1.09. The business has a fifty day simple moving average of $27.51 and a 200-day simple moving average of $28.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0776 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Mid-Cap ETF Profile

(Free Report)

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.

Recommended Stories

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:SCHMFree Report).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.