Dorato Capital Management Makes New Investment in Schwab U.S. Mid-Cap ETF $SCHM

Dorato Capital Management bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 74,180 shares of the company’s stock, valued at approximately $2,361,000. Schwab U.S. Mid-Cap ETF makes up approximately 1.8% of Dorato Capital Management’s holdings, making the stock its 10th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $30,000. Accredited Wealth Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after purchasing an additional 502 shares during the last quarter. Ransom Advisory Ltd purchased a new position 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 third quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 54.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after acquiring an additional 519 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $31.39 on Friday. The company has a 50-day simple moving average of $31.89 and a two-hundred day simple moving average of $30.73. The firm has a market capitalization of $12.85 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 $33.18.

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.