Schwab U.S. Mid-Cap ETF $SCHM Stock Position Reduced by Koesten Hirschmann & Crabtree INC.
by Kim Johansen · The Markets DailyKoesten Hirschmann & Crabtree INC. lessened its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 21.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,885 shares of the company’s stock after selling 15,914 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 0.8% of Koesten Hirschmann & Crabtree INC.’s holdings, making the stock its 14th biggest position. Koesten Hirschmann & Crabtree INC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,969,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in SCHM. Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after purchasing an additional 20,487 shares in the last quarter. Mariner LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1.8% in the fourth quarter. Mariner LLC now owns 2,204,963 shares of the company’s stock worth $66,304,000 after buying an additional 39,511 shares in the last quarter. 93 Financial Group LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $48,614,000. Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 9.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock worth $57,157,000 after buying an additional 139,644 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Schwab U.S. Mid-Cap ETF by 9.5% during the first quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock valued at $39,801,000 after buying an additional 111,937 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 0.0%
Schwab U.S. Mid-Cap ETF stock traded down $0.01 during midday trading on Tuesday, reaching $34.50. 2,973,907 shares of the stock traded hands, compared to its average volume of 1,449,059. The stock has a market cap of $14.56 billion, a P/E ratio of 18.83 and a beta of 1.05. The stock’s fifty day moving average is $35.33 and its 200-day moving average is $34.76. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.25 and a 12 month high of $36.92.
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.
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