Payne Capital LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the third quarter, HoldingsChannel reports. The firm bought 28,384 shares of the company’s stock, valued at approximately $841,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the 4th quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after purchasing an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after buying an additional 75,941 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after buying an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after buying an additional 4,886 shares during the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth $1,511,000.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM stock opened at $31.93 on Wednesday. The company has a fifty day moving average price of $30.97 and a two-hundred day moving average price of $29.93. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $32.60. The stock has a market cap of $13.07 billion, a P/E ratio of 18.83 and a beta of 1.08.
About Schwab U.S. Mid-Cap ETF
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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