Jacobi Capital Management LLC Has $7.80 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Jacobi Capital Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 206.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 281,616 shares of the company’s stock after buying an additional 189,684 shares during the quarter. Jacobi Capital Management LLC owned about 0.20% of Schwab U.S. Mid-Cap ETF worth $7,804,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHM. Avior Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares during the last quarter. Archer Investment Corp increased its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. Schneider Downs Wealth Management Advisors LP raised its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after purchasing an additional 421 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock valued at $1,822,000 after purchasing an additional 461 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 13.0% during the third quarter. Verdence Capital Advisors LLC now owns 4,132 shares of the company’s stock valued at $343,000 after buying an additional 474 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.1 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.89 on Friday. The company has a market capitalization of $11.34 billion, a P/E ratio of 19.14 and a beta of 1.15. The stock has a fifty day simple moving average of $28.43 and a 200 day simple moving average of $28.12. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.