Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 759,197 shares of the company’s stock after purchasing an additional 15,785 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 1.5% of Koshinski Asset Management Inc.’s holdings, making the stock its 10th biggest holding. Koshinski Asset Management Inc. owned about 0.18% of Schwab U.S. Mid-Cap ETF worth $23,505,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SCHM. QRG Capital Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 9.3% in the first quarter. QRG Capital Management Inc. now owns 24,695 shares of the company’s stock valued at $765,000 after buying an additional 2,103 shares during the period. Hendershot Investments Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 1.9% during the 1st quarter. Hendershot Investments Inc. now owns 24,207 shares of the company’s stock worth $749,000 after buying an additional 444 shares during the period. Lodestar Private Asset Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 5.0% during the 1st quarter. Lodestar Private Asset Management LLC now owns 472,201 shares of the company’s stock worth $14,619,000 after buying an additional 22,462 shares during the period. River S Edge Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.0% during the 1st quarter. River S Edge Wealth Management LLC now owns 379,814 shares of the company’s stock worth $12,788,000 after acquiring an additional 7,332 shares during the last quarter. Finally, MOR Wealth Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 4.7% during the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock worth $243,000 after acquiring an additional 351 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $35.97 on Friday. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The firm has a 50 day moving average price of $35.10 and a two-hundred day moving average price of $32.93. The stock has a market cap of $14.96 billion, a P/E ratio of 18.83 and a beta of 1.03.

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.