Valpey Financial Services LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 2,876.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,224,671 shares of the company’s stock after purchasing an additional 4,082,734 shares during the period. Valpey Financial Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $140,495,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock worth $328,744,000 after purchasing an additional 459,489 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.9% during the third quarter. HighTower Advisors LLC now owns 10,782,575 shares of the company’s stock worth $319,596,000 after purchasing an additional 198,793 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock worth $297,031,000 after purchasing an additional 555,701 shares during the last quarter. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 6.8% in the third quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after acquiring an additional 568,609 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock valued at $180,506,000 after acquiring an additional 15,350 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM stock opened at $35.29 on Friday. The business’s 50 day simple moving average is $33.07 and its 200 day simple moving average is $31.83. Schwab U.S. Mid-Cap ETF has a one year low of $26.64 and a one year high of $35.44. The stock has a market capitalization of $14.82 billion, a PE ratio of 18.83 and a beta of 1.04.
About Schwab U.S. Mid-Cap ETF
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.
Further Reading
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- China Deal Ignites Boeing’s Financial Afterburners
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
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).
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
