Mariner LLC Grows Position in Schwab U.S. Mid-Cap ETF $SCHM

Mariner LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,204,963 shares of the company’s stock after buying an additional 39,511 shares during the quarter. Mariner LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $66,304,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SCHM. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after buying an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after buying an additional 75,941 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after buying an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after buying an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 37.4% in the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after buying an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $36.32 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $27.10 and a one year high of $36.65. The company’s fifty day moving average price is $34.16 and its 200-day moving average price is $32.36. The company has a market capitalization of $15.25 billion, a PE ratio of 18.83 and a beta of 1.04.

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.