First National Bank of Mount Dora Trust Investment Services grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 200.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,000 shares of the company’s stock after acquiring an additional 6,000 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Schwab U.S. Mid-Cap ETF were worth $249,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the business. Fragasso Financial Advisors Inc increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after acquiring an additional 574,475 shares during the last quarter. Cerity Partners LLC grew its stake in Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after buying an additional 287,937 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock worth $57,256,000 after buying an additional 23,876 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Up 0.4 %
NYSEARCA:SCHM opened at $28.82 on Friday. The stock’s 50 day moving average price is $28.72 and its 200 day moving average price is $27.61. The company has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.24 and a 52-week high of $30.28.
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.
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