Whittier Trust Co. of Nevada Inc. Boosts Stake in Schwab U.S. Mid-Cap ETF $SCHM

Whittier Trust Co. of Nevada Inc. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 395,158 shares of the company’s stock after purchasing an additional 38,955 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHM. Brighton Jones LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after buying an additional 15,538 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the period. Royal Bank of Canada increased its holdings in Schwab U.S. Mid-Cap ETF by 5.1% in the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after acquiring an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after acquiring an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Schwab U.S. Mid-Cap ETF by 37.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after acquiring an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $35.97 on Monday. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.76 and a 12 month high of $36.90. The stock has a market cap of $14.96 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. The company’s 50 day moving average is $35.10 and its two-hundred day moving average is $32.95.

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.