Financial Counselors Inc. Has $535,000 Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Financial Counselors Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,304 shares of the company’s stock after acquiring an additional 12,857 shares during the quarter. Financial Counselors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $535,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Penobscot Investment Management Company Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Penobscot Investment Management Company Inc. now owns 10,880 shares of the company’s stock worth $301,000 after acquiring an additional 7,253 shares in the last quarter. Prestige Wealth Management Group LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 197.8% in the 4th quarter. Prestige Wealth Management Group LLC now owns 12,982 shares of the company’s stock valued at $360,000 after purchasing an additional 8,623 shares during the period. Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 197.5% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 60,928 shares of the company’s stock worth $1,688,000 after purchasing an additional 40,451 shares in the last quarter. FineMark National Bank & Trust lifted its position in shares of Schwab U.S. Mid-Cap ETF by 198.8% in the fourth quarter. FineMark National Bank & Trust now owns 30,811 shares of the company’s stock worth $854,000 after purchasing an additional 20,498 shares in the last quarter. Finally, Grantvest Financial Group LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth approximately $1,043,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $26.17 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The firm has a market cap of $10.68 billion, a PE ratio of 18.04 and a beta of 1.16. The firm’s 50 day moving average price is $27.86 and its two-hundred day moving average price is $28.11.

Schwab U.S. Mid-Cap ETF Cuts Dividend

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