Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Position Boosted by Bush Investment Group LLC

Posted by Casey Walker on Apr 7th, 2025

Bush Investment Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 200.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 385,929 shares of the company’s stock after buying an additional 257,550 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 8.3% of Bush Investment Group LLC’s holdings, making the stock its 4th largest holding. Bush Investment Group LLC owned 0.27% of Schwab U.S. Mid-Cap ETF worth $10,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. boosted its holdings in Schwab U.S. Mid-Cap ETF by 129.1% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after acquiring an additional 33,472,238 shares during the last quarter. HighTower Advisors LLC lifted its stake 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 valued at $279,249,000 after purchasing an additional 6,819,239 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 196.5% during the 4th quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock worth $186,110,000 after purchasing an additional 4,449,523 shares during the period. Advisory Alpha LLC increased its position in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Finally, Legacy Wealth Management Inc raised its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 5.2 %

Shares of SCHM stock opened at $23.64 on Monday. The firm’s 50 day moving average price is $27.51 and its two-hundred day moving average price is $28.09. The stock has a market cap of $9.65 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $23.19 and a fifty-two week high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a $0.0776 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Mid-Cap ETF Company Profile

(Free Report)

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.