Cynosure Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 201.0% during the fourth quarter, HoldingsChannel reports. The fund owned 29,333 shares of the company’s stock after buying an additional 19,589 shares during the period. Cynosure Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $813,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Bush Investment Group LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.5% during 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 during the period. Denver PWM LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after acquiring an additional 5,553 shares during the last quarter. Anchor Investment Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd 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 boosted its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the period. Finally, US Bancorp DE boosted its position in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the 4th quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after purchasing an additional 29,745 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Up 0.4 %
Shares of NYSEARCA SCHM opened at $26.31 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The business’s 50 day moving average is $27.75 and its two-hundred day moving average is $28.13. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09.
Schwab U.S. Mid-Cap ETF Cuts Dividend
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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