Ruggaard & Associates LLC Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ruggaard & Associates LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 189.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,796 shares of the company’s stock after purchasing an additional 14,262 shares during the quarter. Ruggaard & Associates LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Farmers & Merchants Investments Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares in the last quarter. Oarsman Capital Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after buying an additional 622 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares in the last quarter. Truvestments Capital LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the last quarter. Finally, Blume Capital Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after purchasing an additional 700 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 5.2 %

Shares of NYSEARCA SCHM opened at $23.64 on Friday. The stock’s 50 day simple moving average is $27.51 and its 200 day simple moving average is $28.08. The company has a market cap of $9.65 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $23.19 and a 12-month high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.0776 per share. The ex-dividend date of this dividend was 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.