Bartlett & CO. Wealth Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 195.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,146 shares of the company’s stock after purchasing an additional 54,361 shares during the quarter. Bartlett & CO. Wealth Management LLC owned 0.06% of Schwab U.S. Mid-Cap ETF worth $2,276,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of SCHM. 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 grew 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 acquiring an additional 393 shares in the last quarter. UMB Bank n.a. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after purchasing an additional 882 shares during the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock worth $41,000 after purchasing an additional 984 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Up 0.2 %
Shares of Schwab U.S. Mid-Cap ETF stock opened at $29.19 on Friday. The business has a 50-day moving average price of $28.71 and a 200 day moving average price of $27.69. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The firm has a market cap of $4.18 billion, a P/E ratio of 16.47 and a beta of 1.09.
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.
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