Millennium Capital Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 15,219 shares of the company’s stock, valued at approximately $458,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of SCHM. Thrivent Financial for Lutherans grew its stake in Schwab U.S. Mid-Cap ETF by 2,708.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,924,641 shares of the company’s stock worth $57,046,000 after purchasing an additional 1,856,108 shares in the last quarter. Financial Planning Navigators CORP acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $22,267,000. Corient Private Wealth LLC grew its stake in Schwab U.S. Mid-Cap ETF by 97.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock worth $36,187,000 after purchasing an additional 637,571 shares in the last quarter. Advisory Alpha LLC grew its stake in Schwab U.S. Mid-Cap ETF by 6.8% during the 3rd quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock worth $267,436,000 after purchasing an additional 568,609 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 5.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock worth $297,031,000 after purchasing an additional 555,701 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
SCHM opened at $33.95 on Friday. The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The business has a fifty day moving average price of $32.50 and a 200 day moving average price of $31.50. Schwab U.S. Mid-Cap ETF has a 12 month low of $26.45 and a 12 month high of $35.03.
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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