Essex LLC Buys 19,109 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Essex LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 656,720 shares of the company’s stock after acquiring an additional 19,109 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 3.5% of Essex LLC’s investment portfolio, making the stock its 7th biggest holding. Essex LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $19,748,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SCHM. Meriwether Wealth & Planning LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.3% during the 4th quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after buying an additional 355 shares during the period. Planwiser Financial LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after acquiring an additional 357 shares during the period. Bouchey Financial Group Ltd lifted its position in Schwab U.S. Mid-Cap ETF by 1.0% during the third quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock worth $1,155,000 after acquiring an additional 370 shares during the last quarter. Great Waters Wealth Management lifted its position in Schwab U.S. Mid-Cap ETF by 1.1% during the fourth quarter. Great Waters Wealth Management now owns 37,385 shares of the company’s stock worth $1,124,000 after acquiring an additional 391 shares during the last quarter. Finally, Balanced Wealth Group LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Balanced Wealth Group LLC now owns 136,880 shares of the company’s stock worth $3,872,000 after acquiring an additional 419 shares during the period.

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

Schwab U.S. Mid-Cap ETF stock opened at $31.39 on Friday. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $33.18. The stock’s 50 day moving average is $31.89 and its 200-day moving average is $30.73. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.