High Note Wealth LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 898,247 shares of the company’s stock after acquiring an additional 24,013 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 5.3% of High Note Wealth LLC’s holdings, making the stock its 3rd largest position. High Note Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $27,010,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Accredited Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares during the last quarter. Ransom Advisory Ltd acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $32,000. Guerra Advisors Inc bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $33,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $36,000.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA SCHM opened at $33.95 on Monday. The company has a market capitalization of $14.26 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a twelve month low of $26.45 and a twelve month high of $35.03. The stock has a fifty day simple moving average of $32.50 and a 200 day simple moving average of $31.51.
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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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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