Koesten Hirschmann & Crabtree INC. decreased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 21.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,885 shares of the company’s stock after selling 15,914 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 0.8% of Koesten Hirschmann & Crabtree INC.’s portfolio, making the stock its 14th biggest holding. Koesten Hirschmann & Crabtree INC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,969,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in SCHM. Fragasso Financial Advisors Inc raised its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after purchasing an additional 20,487 shares during the period. Mariner LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.8% in the 4th quarter. Mariner LLC now owns 2,204,963 shares of the company’s stock worth $66,304,000 after purchasing an additional 39,511 shares in the last quarter. 93 Financial Group LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter worth approximately $48,614,000. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock worth $57,157,000 after purchasing an additional 139,644 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Schwab U.S. Mid-Cap ETF by 9.5% in the 1st quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock worth $39,801,000 after purchasing an additional 111,937 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Performance
SCHM traded down $0.01 during trading on Tuesday, reaching $34.50. 2,973,907 shares of the company traded hands, compared to its average volume of 1,449,059. Schwab U.S. Mid-Cap ETF has a 12-month low of $28.25 and a 12-month high of $36.92. The firm has a fifty day simple moving average of $35.33 and a 200 day simple moving average of $34.76. The company has a market cap of $14.56 billion, a P/E ratio of 18.83 and a beta of 1.05.
Schwab U.S. Mid-Cap ETF 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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