Essex LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 2.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 690,252 shares of the company’s stock after purchasing an additional 16,882 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 3.3% of Essex LLC’s portfolio, making the stock its 9th largest holding. Essex LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $23,482,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. American Financial Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the 1st quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock valued at $352,000 after purchasing an additional 291 shares during the period. SouthState Bank Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.8% during the first quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock worth $214,000 after buying an additional 318 shares in the last quarter. Human Investing LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 4.6% in the 1st quarter. Human Investing LLC now owns 7,216 shares of the company’s stock valued at $223,000 after acquiring an additional 320 shares in the last quarter. MOR Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 4.7% during the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock worth $243,000 after acquiring an additional 351 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 108,666 shares of the company’s stock worth $3,364,000 after purchasing an additional 370 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA SCHM traded down $0.43 during trading hours on Wednesday, hitting $34.07. 2,854,562 shares of the company traded hands, compared to its average volume of 1,456,193. The business’s 50-day moving average is $35.30 and its 200-day moving average is $34.78. The stock has a market capitalization of $14.38 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92.
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.
Read More
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
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.
