Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by National Wealth Management Group LLC

National Wealth Management Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 192.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 31,493 shares of the company’s stock after purchasing an additional 20,720 shares during the quarter. National Wealth Management Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $873,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Von Berge Wealth Management Group LLC grew its stake in Schwab U.S. Mid-Cap ETF by 0.4% in the fourth quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock worth $3,368,000 after purchasing an additional 426 shares in the last quarter. Waterfront Wealth Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.7% during the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after buying an additional 461 shares during the last quarter. MML Investors Services LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. MML Investors Services LLC now owns 137,556 shares of the company’s stock worth $11,430,000 after acquiring an additional 560 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in 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 during the last quarter. Finally, Farmers & Merchants Investments Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $26.20 on Tuesday. The stock has a market capitalization of $10.69 billion, a PE ratio of 18.01 and a beta of 1.09. The business’s fifty 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 12-month low of $24.64 and a 12-month high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.0776 dividend. The ex-dividend date was 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.