Diligent Investors LLC Makes New Investment in Schwab U.S. Mid-Cap ETF $SCHM

Diligent Investors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 20,971 shares of the company’s stock, valued at approximately $713,000.

Several other hedge funds have also modified their holdings of SCHM. American Financial Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.6% in the 1st quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock worth $352,000 after purchasing an additional 291 shares in the last quarter. Tandem Investment Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 3.2% during the 3rd quarter. Tandem Investment Partners LLC now owns 9,483 shares of the company’s stock worth $323,000 after buying an additional 293 shares during the period. SouthState Bank Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 4.8% during the 1st quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock worth $214,000 after buying an additional 318 shares during the period. Human Investing LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 4.6% during the 1st quarter. Human Investing LLC now owns 7,216 shares of the company’s stock worth $223,000 after buying an additional 320 shares during the period. Finally, MOR Wealth Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 4.7% during the first quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock valued at $243,000 after buying an additional 351 shares in the last quarter.

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

SCHM stock opened at $34.73 on Thursday. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The firm has a market capitalization of $14.67 billion, a PE ratio of 18.83 and a beta of 1.05. The firm has a 50-day moving average of $35.11 and a two-hundred day moving average of $34.93.

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.