EnRich Financial Partners LLC Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

EnRich Financial Partners LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,772 shares of the company’s stock after purchasing an additional 1,875 shares during the period. EnRich Financial Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $77,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares during the period. Oarsman Capital Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock valued at $26,000 after acquiring an additional 622 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares during the period. Truvestments Capital LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after buying an additional 656 shares during the period. Finally, Blume Capital Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $25.09 on Thursday. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28. The firm has a market capitalization of $10.24 billion, a PE ratio of 18.01 and a beta of 1.09. The stock has a fifty day simple moving average of $27.00 and a two-hundred day simple moving average of $27.95.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0776 per share. The ex-dividend date was Wednesday, March 26th.

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.