Dakota Wealth Management Raises Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Dakota Wealth Management increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 133.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,830 shares of the company’s stock after acquiring an additional 66,702 shares during the quarter. Dakota Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $30,000. Accredited Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after buying an additional 502 shares during the period. Ransom Advisory Ltd bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter worth $32,000. Guerra Advisors Inc bought a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $33,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after acquiring an additional 519 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 1.5%

Shares of NYSEARCA:SCHM opened at $30.31 on Friday. The company has a 50-day moving average price of $31.99 and a 200-day moving average price of $30.70. The company has a market cap of $12.41 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $33.18.

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.