Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Milestone Investment Advisors LLC’s 9th Largest Position

Posted by Sam Norman on Apr 3rd, 2025

Milestone Investment Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 192.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 400,108 shares of the company’s stock after buying an additional 263,202 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 3.0% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 9th largest position. Milestone Investment Advisors LLC owned about 0.28% of Schwab U.S. Mid-Cap ETF worth $11,087,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Farmers & Merchants Investments Inc. lifted its stake in 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 worth $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares in the last quarter. Truvestments Capital LLC lifted its position 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 worth $27,000 after buying an additional 656 shares in the last quarter. Blume Capital Management Inc. boosted 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 buying an additional 700 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after acquiring an additional 686 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $26.70 on Thursday. The stock has a market capitalization of $10.89 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The business’s 50 day simple moving average is $27.70 and its 200-day simple moving average is $28.12.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently declared 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.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.