Abbrea Capital LLC Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Abbrea Capital LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,675 shares of the company’s stock after buying an additional 1,030 shares during the period. Abbrea Capital LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WestHill Financial Advisors Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $28,000. Fifth Third Bancorp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after acquiring an additional 450 shares during the period. North Star Investment Management Corp. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $39,000. NBC Securities Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $37,000. Finally, Lowe Wealth Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth $53,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of NYSEARCA:SCHM traded up $0.33 during midday trading on Friday, reaching $77.33. The company’s stock had a trading volume of 201,006 shares, compared to its average volume of 317,754. The firm has a market capitalization of $11.06 billion, a PE ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74. The stock has a fifty day moving average of $78.49 and a 200 day moving average of $73.63.

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.