Liberty Capital Management Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,900 shares of the company’s stock, valued at approximately $507,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Curry Webb Wealth Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $25,000. Evergreen Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 1st quarter worth approximately $29,000. Compass Financial Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $30,000. Archer Investment Corp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 266.9% in the 1st quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after purchasing an additional 782 shares during the last quarter. Finally, Angeles Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 67.1% in the 2nd quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock valued at $34,000 after purchasing an additional 375 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Trading Down 3.7%
Shares of SCHM stock opened at $34.23 on Friday. The company has a market capitalization of $14.52 billion, a P/E ratio of 18.83 and a beta of 1.05. The business’s 50 day moving average is $34.83 and its two-hundred day moving average is $34.14. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92.
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.
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