Gemmer Asset Management LLC decreased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 2.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 863,655 shares of the company’s stock after selling 21,712 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 2.2% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Gemmer Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $31,843,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. FAS Wealth Partners Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 3.8% during the first quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock worth $19,418,000 after buying an additional 22,838 shares in the last quarter. Vise Technologies Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 173.1% during the 4th quarter. Vise Technologies Inc. now owns 93,195 shares of the company’s stock valued at $2,802,000 after acquiring an additional 59,068 shares in the last quarter. IF Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $943,000. Millennium Capital Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $458,000. Finally, Thrivent Financial for Lutherans boosted its holdings in Schwab U.S. Mid-Cap ETF by 7.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 2,072,838 shares of the company’s stock worth $62,950,000 after acquiring an additional 148,197 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA SCHM opened at $35.34 on Thursday. The company has a fifty day moving average price of $35.63 and a 200-day moving average price of $34.31. The firm has a market cap of $14.76 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 1 year low of $28.25 and a 1 year high of $36.92.
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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