St. Johns Investment Management Company LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 199.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 405,097 shares of the company’s stock after acquiring an additional 269,945 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 5.2% of St. Johns Investment Management Company LLC’s investment portfolio, making the stock its 3rd largest holding. St. Johns Investment Management Company LLC owned approximately 0.28% of Schwab U.S. Mid-Cap ETF worth $11,225,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the company. Global Wealth Strategies & Associates boosted its position in Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after buying an additional 161 shares during the last quarter. Centaurus Financial Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 6.1% during the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the last quarter. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Finally, Leisure Capital Management boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after buying an additional 379 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA SCHM opened at $29.19 on Friday. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28. The company’s fifty day moving average price is $28.71 and its two-hundred day moving average price is $27.69.
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.
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