Lodestar Private Asset Management LLC Raises Position in Schwab U.S. Mid-Cap ETF $SCHM

Lodestar Private Asset Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 472,201 shares of the company’s stock after acquiring an additional 22,462 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 1.4% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 22nd largest holding. Lodestar Private Asset Management LLC owned about 0.11% of Schwab U.S. Mid-Cap ETF worth $14,619,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the first quarter valued at about $29,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $31,000. Ransom Advisory Ltd acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $32,000. International Assets Investment Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $36,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after buying an additional 519 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $35.97 on Friday. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.76 and a 12 month high of $36.90. The stock has a market capitalization of $14.94 billion, a P/E ratio of 18.83 and a beta of 1.03. The business has a 50 day simple moving average of $35.10 and a 200-day simple moving average of $32.93.

Schwab U.S. Mid-Cap ETF Company 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.