Hengehold Capital Management LLC Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Hengehold Capital Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 221.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,498 shares of the company’s stock after purchasing an additional 5,851 shares during the period. Hengehold Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHM. Advisory Alpha LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the period. Fragasso Financial Advisors Inc increased its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC raised 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 worth $270,683,000 after purchasing an additional 82,365 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake 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 purchasing an additional 574,475 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of 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 purchasing an additional 287,937 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $29.20 on Friday. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28. The company’s 50 day moving average price is $28.73 and its 200 day moving average price is $27.72.

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.