St. Louis Trust Co Purchases 50,388 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

St. Louis Trust Co lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,582 shares of the company’s stock after acquiring an additional 50,388 shares during the period. St. Louis Trust Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,094,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% in the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock worth $279,249,000 after acquiring an additional 6,819,239 shares in the last quarter. Donaldson Capital Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 205.2% in the 4th quarter. Donaldson Capital Management LLC now owns 26,663 shares of the company’s stock worth $739,000 after acquiring an additional 17,928 shares in the last quarter. Founders Financial Alliance LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Founders Financial Alliance LLC now owns 2,940 shares of the company’s stock worth $81,000 after acquiring an additional 1,960 shares in the last quarter. Staley Capital Advisers Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 199.8% in the 4th quarter. Staley Capital Advisers Inc. now owns 67,423 shares of the company’s stock worth $1,868,000 after acquiring an additional 44,936 shares in the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Citizens Financial Group Inc. RI now owns 134,950 shares of the company’s stock worth $3,739,000 after acquiring an additional 90,145 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.6 %

SCHM stock opened at $26.05 on Wednesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The firm has a market cap of $10.59 billion, a PE ratio of 19.14 and a beta of 1.15. The business has a 50 day moving average of $28.27 and a 200 day moving average of $28.15.

Schwab U.S. Mid-Cap ETF 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.