Stevens Capital Partners raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 15.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 208,568 shares of the company’s stock after purchasing an additional 28,089 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 1.2% of Stevens Capital Partners’ holdings, making the stock its 23rd biggest holding. Stevens Capital Partners’ holdings in Schwab U.S. Mid-Cap ETF were worth $7,096,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Vise Technologies Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the 3rd quarter. Vise Technologies Inc. now owns 95,526 shares of the company’s stock valued at $3,250,000 after purchasing an additional 619 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $22,048,000. Soltis Investment Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $326,000. BOKF NA acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $141,000. Finally, VestGen Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.5% during the third quarter. VestGen Advisors LLC now owns 7,222 shares of the company’s stock valued at $246,000 after buying an additional 312 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA:SCHM opened at $34.92 on Friday. The firm has a 50-day moving average of $34.91 and a 200-day moving average of $34.08. The company has a market cap of $14.79 billion, a PE ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92.
Schwab U.S. Mid-Cap ETF 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.
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