Brown Advisory Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 4.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,503 shares of the company’s stock after buying an additional 341 shares during the period. Brown Advisory Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $509,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in SCHM. Moneta Group Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 132,115.3% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,488,443,134 shares of the company’s stock worth $97,656,754,000 after purchasing an additional 1,487,317,362 shares during the period. Creative Planning lifted its position in shares of Schwab U.S. Mid-Cap ETF by 5.8% in the 4th quarter. Creative Planning now owns 10,763,789 shares of the company’s stock worth $706,212,000 after purchasing an additional 587,030 shares during the period. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 6.0% in the 4th quarter. HighTower Advisors LLC now owns 2,950,218 shares of the company’s stock worth $193,542,000 after purchasing an additional 167,285 shares during the period. UBS Group AG lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1.4% in the 1st quarter. UBS Group AG now owns 1,796,353 shares of the company’s stock worth $136,271,000 after purchasing an additional 25,032 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 3.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 1,711,328 shares of the company’s stock worth $112,280,000 after purchasing an additional 64,743 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Down 1.0 %
Schwab U.S. Mid-Cap ETF stock opened at $70.40 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $59.74 and a 12-month high of $74.30. The firm’s fifty day moving average is $71.45 and its 200 day moving average is $69.23. The company has a market capitalization of $9.77 billion, a PE ratio of 12.93 and a beta of 1.13.
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.
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