Dakota Wealth Management Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Dakota Wealth Management boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,150 shares of the company’s stock after buying an additional 53,833 shares during the period. Dakota Wealth Management owned 0.06% of Schwab U.S. Mid-Cap ETF worth $2,249,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Global Wealth Strategies & Associates increased its position in shares of Schwab U.S. Mid-Cap ETF by 28.0% during the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after purchasing an additional 161 shares in the last quarter. Centaurus Financial Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock worth $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares in the last quarter. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Finally, Leisure Capital Management increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after purchasing an additional 379 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $29.19 on Friday. The stock’s fifty day moving average price is $28.71 and its 200 day moving average price is $27.69. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.