Wisconsin Capital Management LLC Buys 25,000 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Wisconsin Capital Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,500 shares of the company’s stock after buying an additional 25,000 shares during the quarter. Wisconsin Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,039,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $66,000. Farmers & Merchants Investments Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares in the last quarter. Finally, Truvestments Capital LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of SCHM opened at $26.31 on Wednesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company has a market capitalization of $10.74 billion, a P/E ratio of 18.01 and a beta of 1.09. The firm has a 50 day moving average of $27.75 and a 200 day moving average of $28.13.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.0776 dividend. The ex-dividend date was Wednesday, March 26th.

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.