Raymond James & Associates lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Rating) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 274,762 shares of the company’s stock after selling 450 shares during the period. Raymond James & Associates owned 0.20% of Schwab U.S. Mid-Cap ETF worth $18,027,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Creative Planning boosted its stake in Schwab U.S. Mid-Cap ETF by 10.6% in the 3rd quarter. Creative Planning now owns 10,176,759 shares of the company’s stock worth $615,999,000 after purchasing an additional 973,833 shares in the last quarter. Continental Investors Services Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 6,292.9% during the 3rd quarter. Continental Investors Services Inc. now owns 353,465 shares of the company’s stock valued at $23,659,000 after acquiring an additional 347,936 shares during the period. Larson Financial Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 4,309.5% during the 4th quarter. Larson Financial Group LLC now owns 162,136 shares of the company’s stock valued at $10,638,000 after purchasing an additional 158,459 shares during the last quarter. Bleakley Financial Group LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $9,700,000. Finally, Appleton Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 770.3% during the 3rd quarter. Appleton Group LLC now owns 148,307 shares of the company’s stock valued at $8,977,000 after purchasing an additional 131,266 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
SCHM stock opened at $66.20 on Monday. Schwab U.S. Mid-Cap ETF has a 1-year low of $59.74 and a 1-year high of $74.30. The company has a market capitalization of $9.20 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13. The business has a 50 day simple moving average of $66.68 and a two-hundred day simple moving average of $67.90.
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.
Further Reading
- Get a free copy of the StockNews.com research report on Schwab U.S. Mid-Cap ETF (SCHM)
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