Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Position Raised by Bensler LLC

Bensler LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 173.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 123,460 shares of the company’s stock after buying an additional 78,367 shares during the quarter. Bensler LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,421,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clarity Capital Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 149.0% during the fourth quarter. Clarity Capital Advisors LLC now owns 8,673 shares of the company’s stock worth $240,000 after purchasing an additional 5,190 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 218.4% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 13,141 shares of the company’s stock worth $364,000 after purchasing an additional 9,014 shares in the last quarter. Aspire Capital Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 200.5% during the fourth quarter. Aspire Capital Advisors LLC now owns 14,870 shares of the company’s stock worth $412,000 after purchasing an additional 9,922 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 198.6% during the fourth quarter. Perigon Wealth Management LLC now owns 117,840 shares of the company’s stock worth $3,382,000 after purchasing an additional 78,372 shares in the last quarter. Finally, MBE Wealth Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 196.1% during the fourth quarter. MBE Wealth Management LLC now owns 15,268 shares of the company’s stock worth $423,000 after purchasing an additional 10,111 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $28.93 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock’s 50 day moving average price is $28.73 and its 200 day moving average price is $27.75.

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.