Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Sets New 1-Year High – Here’s Why

Posted by Casey Walker on May 26th, 2026

Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $35.10 and last traded at $35.06, with a volume of 63934 shares. The stock had previously closed at $34.73.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

The company has a market cap of $14.75 billion, a P/E ratio of 18.83 and a beta of 1.04. The company has a fifty day moving average of $32.83 and a 200 day moving average of $31.71.

Hedge Funds Weigh In On Schwab U.S. Mid-Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position in Schwab U.S. Mid-Cap ETF by 4.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock valued at $328,744,000 after purchasing an additional 459,489 shares in the last quarter. HighTower Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.9% during the third quarter. HighTower Advisors LLC now owns 10,782,575 shares of the company’s stock valued at $319,596,000 after purchasing an additional 198,793 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after purchasing an additional 648,134 shares in the last quarter. Advisory Alpha LLC lifted its position in Schwab U.S. Mid-Cap ETF by 6.8% during the third quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after purchasing an additional 568,609 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock valued at $180,506,000 after purchasing an additional 15,350 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Company Profile

(Get 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.