Kelman Lazarov Inc. Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Kelman Lazarov Inc. lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,971 shares of the company’s stock after purchasing an additional 27,567 shares during the period. Kelman Lazarov Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in SCHM. Scotia Capital Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 200.7% during the fourth quarter. Scotia Capital Inc. now owns 12,990 shares of the company’s stock worth $360,000 after buying an additional 8,670 shares during the period. Texas Yale Capital Corp. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 215.7% in the fourth quarter. Texas Yale Capital Corp. now owns 198,317 shares of the company’s stock worth $5,495,000 after acquiring an additional 135,502 shares in the last quarter. Tandem Investment Partners LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $339,000. Bernard Wealth Management Corp. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $2,819,000. Finally, Cooper Haims Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.1% during the 4th quarter. Cooper Haims Advisors LLC now owns 23,036 shares of the company’s stock worth $638,000 after purchasing an additional 15,360 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $25.09 on Thursday. The firm has a fifty day moving average price of $27.00 and a 200 day moving average price of $27.95. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28. The stock has a market cap of $10.24 billion, a PE ratio of 18.01 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

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

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.