Capital Planning LLC Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Capital Planning LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 238.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 113,779 shares of the company’s stock after buying an additional 80,208 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 0.8% of Capital Planning LLC’s holdings, making the stock its 29th biggest position. Capital Planning LLC owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $3,153,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SCHM. Bank of New York Mellon Corp raised its position in Schwab U.S. Mid-Cap ETF by 53.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after buying an additional 2,074 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 10.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock valued at $898,000 after purchasing an additional 1,131 shares during the period. Glass Jacobson Investment Advisors llc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 26.9% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 5,799 shares of the company’s stock valued at $451,000 after purchasing an additional 1,230 shares during the period. Cedar Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the 2nd quarter. Cedar Wealth Management LLC now owns 16,531 shares of the company’s stock valued at $1,287,000 after purchasing an additional 1,977 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in shares of Schwab U.S. Mid-Cap ETF by 7.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock valued at $45,714,000 after purchasing an additional 42,819 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.7 %

Schwab U.S. Mid-Cap ETF stock opened at $28.70 on Friday. The business has a 50-day simple moving average of $28.73 and a two-hundred day simple moving average of $27.59. The company has a market cap of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28.

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.