First National Trust Co Acquires 5,262 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First National Trust Co increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,893 shares of the company’s stock after buying an additional 5,262 shares during the period. First National Trust Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $219,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bush Investment Group LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after buying an additional 673 shares during the last quarter. Denver PWM LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the period. Finally, US Bancorp DE grew its holdings in Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after purchasing an additional 29,745 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 2.6 %

NYSEARCA:SCHM opened at $26.25 on Friday. The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. The firm has a fifty day simple moving average of $28.16 and a two-hundred day simple moving average of $28.12. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.