OLD National Bancorp IN Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

OLD National Bancorp IN boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,693 shares of the company’s stock after purchasing an additional 6,522 shares during the period. OLD National Bancorp IN’s holdings in Schwab U.S. Mid-Cap ETF were worth $269,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Geneos Wealth Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares during the period. Cordant Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $30,000. Archer Investment Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. UMB Bank n.a. raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after purchasing an additional 882 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $41,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $28.94 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The stock has a market capitalization of $4.15 billion, a P/E ratio of 16.47 and a beta of 1.09. The company’s 50-day moving average is $28.73 and its 200 day moving average is $27.82.

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.