Rockbridge Investment Management LCC Has $210,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Rockbridge Investment Management LCC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,566 shares of the company’s stock after acquiring an additional 5,044 shares during the period. Rockbridge Investment Management LCC’s holdings in Schwab U.S. Mid-Cap ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 129.1% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after purchasing an additional 33,472,238 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock worth $279,249,000 after buying an additional 6,819,239 shares during the last quarter. Advisory Alpha LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc grew its position in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $67,051,000.

Schwab U.S. Mid-Cap ETF Trading Down 1.0 %

SCHM stock opened at $26.83 on Thursday. The firm has a 50-day moving average price of $27.96 and a 200-day moving average price of $28.12. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The stock has a market capitalization of $10.95 billion, a P/E ratio of 18.04 and a beta of 1.16.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be paid a $0.0776 dividend. The ex-dividend date is Wednesday, March 26th.

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.