Huntington National Bank Purchases 10,545 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Huntington National Bank boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 179.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,428 shares of the company’s stock after buying an additional 10,545 shares during the period. Huntington National Bank’s holdings in Schwab U.S. Mid-Cap ETF were worth $455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in 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 during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter. Truvestments Capital LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares during the period. Blume Capital Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after purchasing an additional 700 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after buying an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 5.2 %

NYSEARCA SCHM opened at $23.64 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $23.19 and a 52 week high of $30.28. The firm has a market capitalization of $9.65 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. The company has a fifty day moving average of $27.51 and a two-hundred day moving average of $28.08.

Schwab U.S. Mid-Cap ETF Cuts Dividend

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