Marietta Investment Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 205.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,103 shares of the company’s stock after purchasing an additional 7,472 shares during the quarter. Marietta Investment Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $308,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. HighTower Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after acquiring an additional 6,819,239 shares during the last quarter. Advisory Alpha LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. Finally, JMG Financial Group Ltd. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after acquiring an additional 1,910,992 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA SCHM opened at $26.50 on Friday. The company has a market capitalization of $10.81 billion, a P/E ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The stock has a 50 day moving average price of $28.03 and a 200-day moving average price of $28.09.
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.
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