Perigon Wealth Management LLC Grows Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Perigon Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,828 shares of the company’s stock after purchasing an additional 19,592 shares during the quarter. Perigon Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,838,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SCHM. Brighton Jones LLC raised its position 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 worth $645,000 after buying an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares in the last quarter. Northern Trust Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 562.8% during the fourth quarter. Northern Trust Corp now owns 16,470 shares of the company’s stock worth $456,000 after purchasing an additional 13,985 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $1,470,000. Finally, Berkeley Inc raised its stake in shares of Schwab U.S. Mid-Cap ETF by 45.2% during the 4th quarter. Berkeley Inc now owns 13,604 shares of the company’s stock worth $377,000 after buying an additional 4,234 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.9%

Shares of SCHM stock opened at $29.29 on Friday. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The stock has a 50 day simple moving average of $29.22 and a 200-day simple moving average of $27.53. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28.

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.