Blair William & Co. IL Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Blair William & Co. IL grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 226.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,467 shares of the company’s stock after buying an additional 12,124 shares during the period. Blair William & Co. IL’s holdings in Schwab U.S. Mid-Cap ETF were worth $484,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after acquiring an additional 640 shares during the period. Truvestments Capital LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares in the last quarter. Blume Capital Management Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after purchasing an additional 700 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after purchasing an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $23.64 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $23.19 and a 1-year high of $30.28. The business has a 50 day simple moving average of $27.51 and a two-hundred day simple moving average of $28.08. The company has a market capitalization of $9.65 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.0776 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab U.S. Mid-Cap ETF 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.