Stevens Capital Partners raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 70.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 145,913 shares of the company’s stock after purchasing an additional 60,478 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 1.1% of Stevens Capital Partners’ portfolio, making the stock its 24th largest holding. Stevens Capital Partners’ holdings in Schwab U.S. Mid-Cap ETF were worth $4,517,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of SCHM. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 4.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock worth $328,744,000 after purchasing an additional 459,489 shares in the last quarter. Moneta Group Investment Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 6.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after buying an additional 648,134 shares during the last quarter. Advisory Alpha LLC grew its holdings 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 valued at $267,436,000 after buying an additional 568,609 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock valued at $180,506,000 after buying an additional 15,350 shares during the last quarter. Finally, Legacy Wealth Management Inc increased its position in Schwab U.S. Mid-Cap ETF by 2.7% during the fourth quarter. Legacy Wealth Management Inc now owns 4,319,152 shares of the company’s stock worth $129,877,000 after buying an additional 114,417 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Schwab U.S. Mid-Cap ETF stock opened at $35.97 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $27.76 and a fifty-two week high of $36.90. The company has a market capitalization of $14.94 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. The stock has a fifty day moving average of $35.05 and a two-hundred day moving average of $32.91.
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.
See Also
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
