AQR Capital Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 22.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 298,919 shares of the company’s stock after buying an additional 55,325 shares during the quarter. AQR Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,832,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 136.4% in the 4th quarter. Continuum Advisory LLC now owns 1,811 shares of the company’s stock valued at $50,000 after purchasing an additional 1,045 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $50,000. Studio Investment Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Studio Investment Management LLC now owns 1,869 shares of the company’s stock valued at $52,000 after acquiring an additional 1,246 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 467.1% during the first quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock valued at $64,000 after purchasing an additional 2,013 shares during the period. Finally, Financial Management Professionals Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the first quarter valued at $72,000.
Schwab U.S. Mid-Cap ETF Stock Up 1.6%
Shares of Schwab U.S. Mid-Cap ETF stock opened at $30.13 on Friday. The firm has a market cap of $12.41 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The business has a fifty day simple moving average of $28.98 and a 200-day simple moving average of $27.35. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28.
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.
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