Schwab U.S. Mid-Cap ETF $SCHM is Trinity Legacy Partners LLC’s 5th Largest Position

Trinity Legacy Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 470,248 shares of the company’s stock after acquiring an additional 2,418 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 3.2% of Trinity Legacy Partners LLC’s holdings, making the stock its 5th biggest holding. Trinity Legacy Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $13,355,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SCHM. Atwood & Palmer Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $39,000. Bulwark Capital Corp purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $58,000. Webster Bank N. A. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $60,000. Finally, Russell Investments Group Ltd. lifted its position in Schwab U.S. Mid-Cap ETF by 467.1% in the 1st quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock worth $64,000 after buying an additional 2,013 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.5%

SCHM stock opened at $29.91 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28. The company has a market cap of $12.32 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The company has a 50 day moving average of $29.31 and a two-hundred day moving average of $27.65.

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.