Ferguson Wellman Capital Management Inc. bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 8,034 shares of the company’s stock, valued at approximately $223,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the company. Bush Investment Group LLC raised its holdings 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 valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd 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 raised its holdings in 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 valued at $5,835,000 after acquiring an additional 1,136 shares during the period. World Investment Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd 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 period. Finally, Synovus Financial Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after acquiring an additional 7,626 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Up 0.2 %
Schwab U.S. Mid-Cap ETF stock opened at $28.81 on Tuesday. The stock has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company’s 50-day moving average price is $28.62 and its two-hundred day moving average price is $27.90.
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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