Atlantic Union Bankshares Corp Takes $598,000 Position in Schwab U.S. Mid-Cap ETF $SCHM

Atlantic Union Bankshares Corp acquired a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,304 shares of the company’s stock, valued at approximately $598,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after buying an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF by 194.4% in 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 during the last quarter. Brown Advisory Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 13.8% in the 1st quarter. Brown Advisory Inc. now owns 24,848 shares of the company’s stock valued at $651,000 after purchasing an additional 3,004 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Schwab U.S. Mid-Cap ETF by 7.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 17,949 shares of the company’s stock valued at $470,000 after purchasing an additional 1,168 shares during the period. Finally, High Note Wealth LLC grew its position in Schwab U.S. Mid-Cap ETF by 2.9% in the 1st quarter. High Note Wealth LLC now owns 847,296 shares of the company’s stock worth $22,199,000 after purchasing an additional 23,604 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.3%

SCHM opened at $29.47 on Friday. The business’s 50 day moving average is $29.69 and its 200-day moving average is $28.49. The stock has a market cap of $11.98 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.31.

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.