Charles Schwab Investment Management Inc. Has $582,000 Stock Position in Smith-Midland Co. (NASDAQ:SMID)

Charles Schwab Investment Management Inc. grew its stake in Smith-Midland Co. (NASDAQ:SMID) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,101 shares of the company’s stock after buying an additional 732 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Smith-Midland were worth $582,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in Smith-Midland in the 4th quarter worth $48,000. MetLife Investment Management LLC lifted its holdings in shares of Smith-Midland by 129.1% in the third quarter. MetLife Investment Management LLC now owns 2,866 shares of the company’s stock valued at $96,000 after purchasing an additional 1,615 shares in the last quarter. Barclays PLC boosted its position in shares of Smith-Midland by 236.3% during the third quarter. Barclays PLC now owns 6,984 shares of the company’s stock worth $233,000 after buying an additional 4,907 shares during the period. PDT Partners LLC bought a new position in shares of Smith-Midland during the third quarter worth about $254,000. Finally, Bank of New York Mellon Corp raised its position in Smith-Midland by 16.2% in the 4th quarter. Bank of New York Mellon Corp now owns 11,144 shares of the company’s stock valued at $495,000 after buying an additional 1,553 shares during the last quarter. Institutional investors own 49.94% of the company’s stock.

Smith-Midland Trading Down 3.9 %

NASDAQ SMID opened at $31.07 on Tuesday. The stock has a market capitalization of $164.83 million, a price-to-earnings ratio of 25.68 and a beta of 1.45. Smith-Midland Co. has a 52 week low of $25.03 and a 52 week high of $51.96. The stock’s 50 day moving average price is $35.98 and its two-hundred day moving average price is $38.31. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.28 and a current ratio of 2.78.

About Smith-Midland

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems in the United States. It offers SlenderWall lightweight construction panel, lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings, used in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility, vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels, it absorb highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding.