ARK & TLK Investments LLC Has $1.14 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

ARK & TLK Investments LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 41,001 shares of the company’s stock after buying an additional 27,334 shares during the quarter. ARK & TLK Investments LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after buying an additional 575 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $66,000. Farmers & Merchants Investments Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. increased its position 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 purchasing an additional 640 shares during the period. Finally, Truvestments Capital LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after purchasing an additional 656 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $26.17 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The stock has a fifty day moving average price of $27.86 and a 200 day moving average price of $28.13. The stock has a market cap of $10.68 billion, a P/E ratio of 18.04 and a beta of 1.16.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.0776 per share. The ex-dividend date is Wednesday, March 26th.

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.