Single Point Partners LLC Raises Stake in Schwab U.S. Mid-Cap ETF $SCHM

Single Point Partners LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,495 shares of the company’s stock after buying an additional 3,761 shares during the period. Single Point Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,108,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atwood & Palmer Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $25,000. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $38,000. Roxbury Financial LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $39,000. Bulwark Capital Corp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $58,000. Finally, Webster Bank N. A. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $60,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.4%

Schwab U.S. Mid-Cap ETF stock opened at $30.04 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The firm’s 50-day simple moving average is $29.32 and its 200 day simple moving average is $27.68. The firm has a market capitalization of $12.34 billion, a PE ratio of 18.83 and a beta of 1.13.

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.