First Citizens Bank & Trust Co. Purchases New Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First Citizens Bank & Trust Co. purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,744 shares of the company’s stock, valued at approximately $207,000.

A number of other institutional investors have also made changes to their positions in the business. WestHill Financial Advisors Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $28,000. Worth Asset Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the first quarter worth about $29,000. Sound Income Strategies LLC increased its position in Schwab U.S. Mid-Cap ETF by 77.1% in the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock worth $32,000 after purchasing an additional 205 shares during the period. Fifth Third Bancorp increased its position in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares during the period. Finally, Indiana Trust & Investment Management CO acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $35,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of SCHM stock opened at $80.37 on Thursday. The stock has a 50-day moving average price of $77.68 and a 200 day moving average price of $72.52. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74.

Schwab U.S. Mid-Cap ETF Company Profile

(Free Report)

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.

Recommended Stories

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:SCHMFree Report).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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.