Gambit Capital Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 32,731 shares of the company’s stock, valued at approximately $984,000. Schwab U.S. Mid-Cap ETF makes up 0.7% of Gambit Capital Management LLC’s portfolio, making the stock its 29th largest position.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after purchasing an additional 7,443 shares during the period. Goldman Sachs Group Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after purchasing an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Schwab U.S. Mid-Cap ETF by 37.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after buying an additional 915 shares during the period.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM stock opened at $33.79 on Tuesday. The company’s fifty day moving average price is $32.54 and its two-hundred day moving average price is $31.53. The firm has a market capitalization of $14.19 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 12 month low of $26.45 and a 12 month high of $35.03.
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.
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