Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by High Note Wealth LLC

High Note Wealth LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 159,992 shares of the company’s stock after purchasing an additional 2,961 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 4.5% of High Note Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. High Note Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,051,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 51.6% in the first quarter. Bank of New York Mellon Corp now owns 18,898 shares of the company’s stock worth $1,433,000 after buying an additional 6,435 shares during the period. Bank of Montreal Can boosted its position in Schwab U.S. Mid-Cap ETF by 21.9% during the 1st quarter. Bank of Montreal Can now owns 3,808 shares of the company’s stock worth $296,000 after acquiring an additional 683 shares during the period. Cetera Investment Advisers grew its stake in Schwab U.S. Mid-Cap ETF by 11.2% during the 1st quarter. Cetera Investment Advisers now owns 38,993 shares of the company’s stock valued at $2,958,000 after acquiring an additional 3,931 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 51.6% in the 1st quarter. Baird Financial Group Inc. now owns 124,164 shares of the company’s stock valued at $9,419,000 after purchasing an additional 42,245 shares during the period. Finally, Equitable Holdings Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 8.6% in the first quarter. Equitable Holdings Inc. now owns 60,496 shares of the company’s stock worth $4,589,000 after purchasing an additional 4,778 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.4 %

NYSEARCA SCHM opened at $81.16 on Thursday. The firm’s fifty day simple moving average is $77.02 and its 200-day simple moving average is $72.15. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.16. The company has a market capitalization of $11.27 billion, a PE ratio of 12.93 and a beta of 1.13.

Schwab U.S. Mid-Cap ETF Company 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.