Bleakley Financial Group LLC Buys 327,615 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Bleakley Financial Group LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 171.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 518,409 shares of the company’s stock after purchasing an additional 327,615 shares during the period. Bleakley Financial Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $14,365,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in 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 worth $27,000 after purchasing an additional 640 shares during the period. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Archer Investment Corp increased its position in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after acquiring an additional 393 shares during the last quarter. UMB Bank n.a. increased its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock valued at $41,000 after acquiring an additional 984 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.7 %

Schwab U.S. Mid-Cap ETF stock opened at $29.00 on Thursday. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The company has a market cap of $4.16 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a 50-day simple moving average of $28.68 and a two-hundred day simple moving average of $27.86.

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.