Schwab U.S. Mid-Cap ETF $SCHM Shares Bought by High Note Wealth LLC

High Note Wealth LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 874,234 shares of the company’s stock after buying an additional 25,147 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 5.2% of High Note Wealth LLC’s investment portfolio, making the stock its 4th biggest position. High Note Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $25,912,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHM. Creative Capital Management Investments LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $38,000. Geneos Wealth Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after purchasing an additional 519 shares during the period. Mid American Wealth Advisory Group Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the second quarter worth $42,000. Grey Fox Wealth Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $64,000. Finally, Eastern Bank acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $70,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $31.90 on Friday. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The company has a 50-day simple moving average of $30.82 and a two-hundred day simple moving average of $29.84. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $32.60.

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.