Shaker Investments LLC OH Purchases New Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Shaker Investments LLC OH acquired a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,683 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Perigon Wealth Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after purchasing an additional 136 shares in the last quarter. Sawgrass Asset Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after acquiring an additional 150 shares during the last quarter. Arlington Financial Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 4th quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after acquiring an additional 168 shares in the last quarter. Greenwood Gearhart Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 3.6% in the third quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock worth $335,000 after purchasing an additional 170 shares during the period. Finally, Mengis Capital Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock valued at $3,534,000 after purchasing an additional 175 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 1.7 %

Shares of NYSEARCA:SCHM traded down $1.31 on Friday, reaching $77.61. 281,614 shares of the company’s stock were exchanged, compared to its average volume of 316,007. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74. The business’s 50-day moving average is $78.24 and its two-hundred day moving average is $72.96. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13.

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.