Liberty Capital Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 209.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,669 shares of the company’s stock after acquiring an additional 5,869 shares during the quarter. Liberty Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $240,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the stock. Bush Investment Group LLC increased its stake in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after purchasing an additional 673 shares in the last quarter. Denver PWM LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after acquiring an additional 5,553 shares in the last quarter. Anchor Investment Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after acquiring an additional 1,136 shares during the period. World Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after acquiring an additional 747 shares in the last quarter. Finally, Synovus Financial Corp boosted its stake in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after purchasing an additional 7,626 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA SCHM opened at $28.75 on Monday. The firm’s 50 day moving average price is $28.62 and its two-hundred day moving average price is $27.89. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The stock has a market cap of $4.12 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.
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