Rockefeller Capital Management L.P. Purchases 252,477 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Rockefeller Capital Management L.P. grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 206.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 374,985 shares of the company’s stock after buying an additional 252,477 shares during the quarter. Rockefeller Capital Management L.P. owned 0.26% of Schwab U.S. Mid-Cap ETF worth $10,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Jane Street Group LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $1,209,000. Anchor Investment Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares during the last quarter. Sculati Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 91.1% during the third quarter. Sculati Wealth Management LLC now owns 69,744 shares of the company’s stock valued at $5,679,000 after purchasing an additional 33,254 shares during the period. Sanctuary Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 170.4% in the third quarter. Sanctuary Advisors LLC now owns 17,003 shares of the company’s stock worth $1,413,000 after buying an additional 10,716 shares during the last quarter. Finally, World Investment Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $24.30 on Thursday. The business’s fifty day moving average price is $26.55 and its 200-day moving average price is $27.84. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.28. The stock has a market capitalization of $9.92 billion, a PE ratio of 18.01 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given 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.