MGO One Seven LLC Has $242,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

MGO One Seven LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 36.2% during the fourth quarter, HoldingsChannel reports. The firm owned 8,732 shares of the company’s stock after buying an additional 2,320 shares during the quarter. MGO One Seven LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $242,000 as of its most recent filing with the Securities & Exchange Commission.

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

Schwab U.S. Mid-Cap ETF Stock Up 0.5 %

Shares of SCHM stock opened at $25.64 on Wednesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28. The firm has a market cap of $10.65 billion, a PE ratio of 17.99 and a beta of 1.09. The stock has a 50 day moving average of $25.85 and a 200-day moving average of $27.67.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.0776 dividend. 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.