Y Intercept Hong Kong Ltd Takes Position in Schwab U.S. Mid-Cap ETF $SCHM

Y Intercept Hong Kong Ltd acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 17,037 shares of the company’s stock, valued at approximately $478,000.

Other institutional investors have also added to or reduced their stakes in the company. Fort Vancouver Investment Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $398,000. Whipplewood Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 407.3% during the 2nd quarter. Whipplewood Advisors LLC now owns 44,372 shares of the company’s stock valued at $1,245,000 after buying an additional 35,626 shares in the last quarter. Schneider Downs Wealth Management Advisors LP lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 36.7% during the 2nd quarter. Schneider Downs Wealth Management Advisors LP now owns 446,089 shares of the company’s stock valued at $12,513,000 after buying an additional 119,656 shares in the last quarter. Brighton Jones LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 34.4% in the 2nd quarter. Brighton Jones LLC now owns 30,694 shares of the company’s stock worth $861,000 after buying an additional 7,853 shares during the period. Finally, Shaker Investments LLC OH purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $207,000.

Schwab U.S. Mid-Cap ETF Stock Down 1.1%

Shares of SCHM stock opened at $29.08 on Friday. The stock has a market cap of $11.82 billion, a P/E ratio of 18.83 and a beta of 1.08. The company’s fifty day simple moving average is $29.69 and its two-hundred day simple moving average is $28.42. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.31.

About Schwab U.S. Mid-Cap ETF

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.