Napatree Capital LLC Purchases 63,043 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Napatree Capital LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 176.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,862 shares of the company’s stock after acquiring an additional 63,043 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.6% of Napatree Capital LLC’s holdings, making the stock its 14th largest holding. Napatree Capital LLC owned 0.07% of Schwab U.S. Mid-Cap ETF worth $2,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $66,000. Farmers & Merchants Investments Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during 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. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during 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 during the last quarter. Finally, Truvestments Capital LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $26.50 on Friday. The firm’s fifty day moving average price is $28.03 and its two-hundred day moving average price is $28.11. The stock has a market cap of $10.81 billion, a PE ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two 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.