Lodestar Private Asset Management LLC Acquires 25,081 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Lodestar Private Asset Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 414,709 shares of the company’s stock after acquiring an additional 25,081 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 1.3% of Lodestar Private Asset Management LLC’s holdings, making the stock its 26th biggest position. Lodestar Private Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,292,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SCHM. Creative Capital Management Investments LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $38,000. Geneos Wealth Management Inc. raised its position in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $42,000. Eastern Bank bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $70,000. Finally, Bulwark Capital Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 31.1% in the third quarter. Bulwark Capital Corp now owns 2,699 shares of the company’s stock valued at $80,000 after buying an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $32.11 on Friday. The business has a 50-day moving average of $30.29 and a 200-day moving average of $29.63. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $32.30.

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.