Curbstone Financial Management Corp Raises Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Curbstone Financial Management Corp grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 522,289 shares of the company’s stock after purchasing an additional 345,772 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 3.1% of Curbstone Financial Management Corp’s portfolio, making the stock its 7th biggest holding. Curbstone Financial Management Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $14,473,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Archer Investment Corp lifted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $41,000. Hantz Financial Services Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates increased its stake in Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after buying an additional 161 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.8 %

NYSEARCA SCHM opened at $28.96 on Tuesday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.54 and a 1-year high of $30.28. The firm’s fifty day simple moving average is $28.73 and its 200-day simple moving average is $27.75. The company has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09.

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.