Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Holdings Raised by Breakwater Investment Management

Breakwater Investment Management grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,550 shares of the company’s stock after acquiring an additional 1,700 shares during the period. Breakwater Investment Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $71,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SCHM. Bank of New York Mellon Corp boosted its position in Schwab U.S. Mid-Cap ETF by 53.7% during the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after purchasing an additional 2,074 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 10.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock worth $898,000 after purchasing an additional 1,131 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 7.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock valued at $45,714,000 after buying an additional 42,819 shares during the last quarter. Summit Trail Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 135.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 8,831 shares of the company’s stock valued at $690,000 after buying an additional 5,082 shares in the last quarter. Finally, Blankinship & Foster LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 6.9% in the 2nd quarter. Blankinship & Foster LLC now owns 18,875 shares of the company’s stock valued at $1,469,000 after buying an additional 1,211 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $28.82 on Tuesday. The firm has a market cap of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The firm’s 50 day moving average price is $28.71 and its 200 day moving average price is $27.66. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.24 and a twelve month high of $30.28.

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.