Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by D.B. Root & Company LLC

D.B. Root & Company LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 345.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,244 shares of the company’s stock after acquiring an additional 62,230 shares during the quarter. D.B. Root & Company LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,224,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bush Investment Group LLC increased its position in 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 worth $10,667,000 after purchasing an additional 673 shares during the last quarter. Denver PWM LLC increased its holdings 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 worth $16,989,000 after buying an additional 5,553 shares during the last quarter. Anchor Investment Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after acquiring an additional 1,136 shares in the last quarter. World Investment Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after acquiring an additional 747 shares during the last quarter. Finally, Synovus Financial Corp grew its position 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 worth $1,267,000 after acquiring an additional 7,626 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $29.14 on Thursday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The stock’s 50-day moving average is $28.71 and its two-hundred day moving average is $27.68. The firm has a market cap of $4.18 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.