Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 391,936 shares of the company’s stock after acquiring an additional 20,161 shares during the quarter. DAVENPORT & Co LLC owned 0.28% of Schwab U.S. Mid-Cap ETF worth $29,521,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 51.6% during 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 in the last quarter. Bank of Montreal Can lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 21.9% in the first quarter. Bank of Montreal Can now owns 3,808 shares of the company’s stock valued at $296,000 after purchasing an additional 683 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 11.2% in the first quarter. Cetera Investment Advisers now owns 38,993 shares of the company’s stock valued at $2,958,000 after purchasing an additional 3,931 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 51.6% in the first 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 in the last quarter. Finally, Equitable Holdings Inc. raised 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 valued at $4,589,000 after buying an additional 4,778 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $80.03 on Wednesday. The firm has a 50 day simple moving average of $77.55 and a 200-day simple moving average of $72.47. The firm has a market cap of $11.11 billion, a PE ratio of 12.93 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74.

Schwab U.S. Mid-Cap ETF 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.

Further Reading

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

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