Corient Private Wealth LLC Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Corient Private Wealth LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,075 shares of the company’s stock after buying an additional 5,389 shares during the period. Corient Private Wealth LLC owned 0.17% of Schwab U.S. Mid-Cap ETF worth $17,405,000 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. Bank of New York Mellon Corp increased its position in Schwab U.S. Mid-Cap ETF by 6.7% in the third quarter. Bank of New York Mellon Corp now owns 7,563 shares of the company’s stock worth $512,000 after purchasing an additional 474 shares during the last quarter. Fifth Third Bancorp raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the 3rd quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after buying an additional 450 shares in the last quarter. NBC Securities Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $37,000. Lincoln National Corp grew its position in Schwab U.S. Mid-Cap ETF by 15.9% in the third quarter. Lincoln National Corp now owns 36,439 shares of the company’s stock worth $2,466,000 after acquiring an additional 5,004 shares in the last quarter. Finally, Pinion Investment Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 9.9% during the third quarter. Pinion Investment Advisors LLC now owns 3,709 shares of the company’s stock worth $251,000 after acquiring an additional 335 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM traded up $0.72 during trading on Friday, hitting $79.59. The company had a trading volume of 248,683 shares, compared to its average volume of 319,737. The company has a fifty day simple moving average of $78.99 and a two-hundred day simple moving average of $75.60. Schwab U.S. Mid-Cap ETF has a one year low of $62.87 and a one year high of $81.74. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.