Stevens Capital Partners increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 15.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 208,568 shares of the company’s stock after acquiring an additional 28,089 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.2% of Stevens Capital Partners’ portfolio, making the stock its 23rd biggest position. Stevens Capital Partners’ holdings in Schwab U.S. Mid-Cap ETF were worth $7,096,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of SCHM. Curry Webb Wealth Management LLC bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $25,000. Compass Financial Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at about $30,000. Evergreen Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth about $29,000. Angeles Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 67.1% during the second quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock worth $34,000 after purchasing an additional 375 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter worth about $35,000.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA:SCHM opened at $34.92 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.25 and a 52 week high of $36.92. The firm has a 50-day moving average price of $34.91 and a two-hundred day moving average price of $34.08. The firm has a market cap of $14.79 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05.
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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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).
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