Everstar Asset Management LLC Acquires 6,795 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Everstar Asset Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 214.1% during the fourth quarter, HoldingsChannel reports. The firm owned 9,969 shares of the company’s stock after purchasing an additional 6,795 shares during the period. Everstar Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $276,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bush Investment Group LLC lifted its holdings 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 period. Denver PWM LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd 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 last quarter. Anchor Investment Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares in the last quarter. World Investment Advisors LLC grew its stake 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 valued at $656,000 after purchasing an additional 747 shares during the last quarter. Finally, US Bancorp DE raised 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 in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $26.20 on Tuesday. The company has a market cap of $10.69 billion, a P/E ratio of 18.01 and a beta of 1.09. The firm’s 50 day moving average price is $27.81 and its 200-day moving average price is $28.14. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0776 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.