Diversified Trust Co purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,455 shares of the company’s stock, valued at approximately $265,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Atwood & Palmer Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $39,000. Bulwark Capital Corp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $58,000. Webster Bank N. A. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $60,000. Finally, Russell Investments Group Ltd. raised its position in Schwab U.S. Mid-Cap ETF by 467.1% during the first quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock valued at $64,000 after purchasing an additional 2,013 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 1.2%
NYSEARCA SCHM opened at $29.55 on Thursday. The stock’s 50-day simple moving average is $29.21 and its two-hundred day simple moving average is $27.51. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28. The company has a market capitalization of $12.17 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.
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.
Featured Articles
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- 3 Fintech Stocks With Good 2021 Prospects
- Cybersecurity Market Set to Double: This ETF Offers Exposure
- Transportation Stocks Investing
- Downgraded But Not Done: 3 Stocks Ready for a Market Comeback
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Solana Beat BTC and ETH in Q3: These 3 Stocks Saw It Coming
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.