Donaldson Capital Management LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 21.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,522 shares of the company’s stock after purchasing an additional 2,790 shares during the quarter. Donaldson Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,169,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Baltimore Washington Financial Advisors Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at approximately $2,658,000. WestHill Financial Advisors Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $28,000. Worth Asset Management LLC bought a new position in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Sound Income Strategies LLC grew its stake in Schwab U.S. Mid-Cap ETF by 77.1% in the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock valued at $32,000 after purchasing an additional 205 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after purchasing an additional 450 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
SCHM stock traded down $0.48 during mid-day trading on Tuesday, reaching $76.21. The company had a trading volume of 27,801 shares, compared to its average volume of 312,422. The stock has a 50 day simple moving average of $78.34 and a two-hundred day simple moving average of $73.17. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $81.74.
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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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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