Schwab U.S. Mid-Cap ETF $SCHM Position Raised by Values Added Financial LLC

Values Added Financial LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 44.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 85,469 shares of the company’s stock after buying an additional 26,176 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.2% of Values Added Financial LLC’s investment portfolio, making the stock its 26th largest holding. Values Added Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,397,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at $25,000. Creative Capital Management Investments LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at $39,000. Bulwark Capital Corp bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at $58,000. Finally, Webster Bank N. A. bought a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at $60,000.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $30.01 on Thursday. The stock has a market capitalization of $12.33 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.28. The stock’s fifty day moving average is $29.38 and its two-hundred day moving average is $27.75.

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.