Belpointe Asset Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 85.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,867 shares of the company’s stock after buying an additional 21,177 shares during the period. Belpointe Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,359,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $38,000. Geneos Wealth Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the second 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. purchased a new stake in Schwab U.S. Mid-Cap ETF in the second quarter worth $42,000. Grey Fox Wealth Advisors LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $64,000. Finally, Eastern Bank bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $70,000.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of NYSEARCA SCHM opened at $31.94 on Thursday. The stock has a market capitalization of $13.06 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $32.60. The business’s fifty day moving average price is $30.75 and its 200-day moving average price is $29.83.
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.
Featured Stories
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
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.
