Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Staley Capital Advisers Inc.

Staley Capital Advisers Inc. boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,423 shares of the company’s stock after purchasing an additional 44,936 shares during the quarter. Staley Capital Advisers Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,868,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Verdence Capital Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 4,132 shares of the company’s stock worth $343,000 after purchasing an additional 474 shares during the last quarter. Baker Avenue Asset Management LP purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $207,000. Marshall Financial Group Inc. ADV boosted its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Marshall Financial Group Inc. ADV now owns 213,839 shares of the company’s stock worth $17,768,000 after buying an additional 2,561 shares during the last quarter. First National Trust Co purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $219,000. Finally, Savvy Advisors Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 6.7% in the 3rd quarter. Savvy Advisors Inc. now owns 8,300 shares of the company’s stock worth $690,000 after acquiring an additional 518 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 2.4 %

NYSEARCA SCHM opened at $26.21 on Tuesday. The business’s fifty day simple moving average is $28.30 and its 200-day simple moving average is $28.16. The firm has a market cap of $10.66 billion, a PE ratio of 19.14 and a beta of 1.15. 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 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.