Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Raised by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,175 shares of the company’s stock after purchasing an additional 190,017 shares during the period. Schwab U.S. Mid-Cap ETF comprises 3.2% of Brand Asset Management Group Inc.’s holdings, making the stock its 11th biggest holding. Brand Asset Management Group Inc. owned about 0.20% of Schwab U.S. Mid-Cap ETF worth $7,902,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SCHM. Bush Investment Group LLC lifted 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 acquiring an additional 673 shares in the last quarter. Denver PWM LLC boosted its holdings 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 worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC boosted 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 worth $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares in the last quarter. Finally, Synovus Financial Corp lifted its position 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 buying an additional 7,626 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $28.82 on Friday. The company has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The business has a 50-day moving average of $28.72 and a 200-day moving average of $27.61. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.24 and a fifty-two week high of $30.28.

About Schwab U.S. Mid-Cap ETF

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.