Mariner LLC Purchases 39,511 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Mariner LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,204,963 shares of the company’s stock after purchasing an additional 39,511 shares during the quarter. Mariner LLC owned 0.54% of Schwab U.S. Mid-Cap ETF worth $66,304,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHM. Brighton Jones LLC increased its stake in 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 valued at $645,000 after purchasing an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after purchasing an additional 75,941 shares in the last quarter. Royal Bank of Canada increased its stake in Schwab U.S. Mid-Cap ETF by 5.1% during the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after purchasing an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after purchasing an additional 4,886 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Schwab U.S. Mid-Cap ETF by 37.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after purchasing an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $36.32 on Tuesday. The firm has a market cap of $15.25 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $27.10 and a fifty-two week high of $36.65. The firm has a 50-day simple moving average of $34.16 and a two-hundred day simple moving average of $32.36.

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.