Main Street Financial Solutions LLC Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Main Street Financial Solutions LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 213.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 268,405 shares of the company’s stock after buying an additional 182,789 shares during the period. Main Street Financial Solutions LLC owned approximately 0.19% of Schwab U.S. Mid-Cap ETF worth $7,438,000 as of its most recent SEC filing.

Several other institutional investors have also 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% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares in the last quarter. Oarsman Capital Inc. grew its stake in shares of 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 worth $26,000 after buying an additional 622 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of 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 buying an additional 640 shares during the last quarter. Truvestments Capital LLC raised its position 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 in the last quarter. Finally, Blume Capital Management Inc. lifted its holdings 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 valued at $29,000 after acquiring an additional 700 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $24.61 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28. The business’s 50 day moving average is $26.64 and its two-hundred day moving average is $27.86. The stock has a market capitalization of $10.04 billion, a P/E ratio of 18.01 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently declared 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 of this dividend was Wednesday, March 26th.

Schwab U.S. Mid-Cap ETF Profile

(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.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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