Chandler Asset Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 201.2% in the fourth quarter, Holdings Channel reports. The fund owned 53,760 shares of the company’s stock after buying an additional 35,913 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 0.3% of Chandler Asset Management Inc.’s holdings, making the stock its 14th biggest holding. Chandler Asset Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,490,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of SCHM. Bush Investment Group LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after purchasing an additional 673 shares in the last quarter. Denver PWM LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after acquiring an additional 5,553 shares during the period. Anchor Investment Management LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares during the period. Finally, Synovus Financial Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM opened at $28.81 on Wednesday. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm has a fifty day moving average of $28.70 and a 200-day moving average of $27.84. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28.
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.
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