Chesapeake Wealth Management Purchases 23,311 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Chesapeake Wealth Management raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 190.9% in the fourth quarter, Holdings Channel reports. The firm owned 35,522 shares of the company’s stock after acquiring an additional 23,311 shares during the quarter. Chesapeake Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $984,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 53.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after acquiring an additional 2,074 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 10.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock worth $898,000 after purchasing an additional 1,131 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Schwab U.S. Mid-Cap ETF by 7.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock worth $45,714,000 after purchasing an additional 42,819 shares during the last quarter. Summit Trail Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 135.6% during the 2nd quarter. Summit Trail Advisors LLC now owns 8,831 shares of the company’s stock worth $690,000 after purchasing an additional 5,082 shares during the last quarter. Finally, Blankinship & Foster LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 6.9% during the 2nd quarter. Blankinship & Foster LLC now owns 18,875 shares of the company’s stock worth $1,469,000 after purchasing an additional 1,211 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.4 %

NYSEARCA:SCHM opened at $28.82 on Tuesday. The stock has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock has a 50 day simple moving average of $28.71 and a 200 day simple moving average of $27.66. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.24 and a 1-year high of $30.28.

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.