Kaizen Financial Strategies grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 201.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,308 shares of the company’s stock after buying an additional 7,554 shares during the quarter. Kaizen Financial Strategies’ holdings in Schwab U.S. Mid-Cap ETF were worth $313,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Engines Advisors L.L.C. increased its holdings in Schwab U.S. Mid-Cap ETF by 129.1% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after acquiring an additional 33,472,238 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% in the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after purchasing an additional 6,819,239 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 196.5% during the 4th quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock worth $186,110,000 after purchasing an additional 4,449,523 shares in the last quarter. Advisory Alpha LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after purchasing an additional 3,782,365 shares during the last quarter. Finally, Legacy Wealth Management Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of NYSEARCA:SCHM opened at $26.43 on Friday. The business’s fifty day moving average price is $25.59 and its two-hundred day moving average price is $27.56. The stock has a market cap of $10.98 billion, a PE ratio of 17.99 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.28.
Schwab U.S. Mid-Cap ETF Cuts Dividend
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.
Further Reading
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Insider Trading – What You Need to Know
- Constellation Powers Up With Reinforced AI Data Center Strategy
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Top Analyst-Rated Healthcare Stocks to Watch Now
- What is the Hang Seng index?
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
