Tilia Fiduciary Partners Inc. Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Tilia Fiduciary Partners Inc. boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,925 shares of the company’s stock after purchasing an additional 9,979 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of SCHM. Bank of New York Mellon Corp lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 53.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after acquiring an additional 2,074 shares during the last quarter. National Bank of Canada FI lifted its stake in Schwab U.S. Mid-Cap ETF by 72.8% during the second quarter. National Bank of Canada FI now owns 6,055 shares of the company’s stock worth $480,000 after purchasing an additional 2,550 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $71,000. PFG Investments LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 30.9% during the 2nd quarter. PFG Investments LLC now owns 4,680 shares of the company’s stock valued at $364,000 after purchasing an additional 1,104 shares during the last quarter. Finally, Studio Investment Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $49,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM traded down $0.33 during mid-day trading on Friday, reaching $27.62. The stock had a trading volume of 1,238,660 shares, compared to its average volume of 1,297,969. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28. The firm has a 50 day moving average price of $28.74 and a two-hundred day moving average price of $27.51. The stock has a market capitalization of $3.96 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.