Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Creegan & Nassoura Financial Group LLC

Creegan & Nassoura Financial Group LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, Holdings Channel reports. The firm owned 20,340 shares of the company’s stock after purchasing an additional 13,560 shares during the period. Creegan & Nassoura Financial Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $564,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHM. Farmers & Merchants Investments Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares during the period. Oarsman Capital Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after purchasing an additional 622 shares during the period. Geneos Wealth Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares in the last quarter. Truvestments Capital LLC raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after purchasing an additional 656 shares during the period. Finally, Blume Capital Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $24.50 on Monday. The stock has a 50-day simple moving average of $26.38 and a 200-day simple moving average of $27.80. The firm has a market cap of $10.18 billion, a P/E ratio of 17.99 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

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

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.