61,761 Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Bought by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 61,761 shares of the company’s stock, valued at approximately $1,711,000. Schwab U.S. Mid-Cap ETF comprises 1.0% of NBZ Investment Advisors LLC’s holdings, making the stock its 16th biggest holding.

Several other institutional investors have also added to or reduced their stakes in SCHM. Natixis Advisors LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $919,000. FMR LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 18.1% in the 3rd quarter. FMR LLC now owns 28,711 shares of the company’s stock worth $2,386,000 after buying an additional 4,407 shares during the period. Peterson Wealth Management bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $201,000. Hantz Financial Services Inc. increased 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 valued at $51,000 after buying an additional 575 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.0% during the third quarter. Rockefeller Capital Management L.P. now owns 122,508 shares of the company’s stock valued at $10,179,000 after acquiring an additional 3,563 shares in the last quarter.

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

NYSEARCA:SCHM opened at $26.65 on Friday. The firm’s fifty day simple moving average is $27.92 and its 200 day simple moving average is $28.11. The stock has a market cap of $10.88 billion, a P/E ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a dividend of $0.0776 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.