Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Raised by Raub Brock Capital Management LP

Raub Brock Capital Management LP grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 202.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,749 shares of the company’s stock after purchasing an additional 7,858 shares during the period. Raub Brock Capital Management LP’s holdings in Schwab U.S. Mid-Cap ETF were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Global Wealth Strategies & Associates grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after acquiring an additional 161 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% in the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares during the period. Avior Wealth Management LLC increased its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares in the last quarter. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $30,000. Finally, Leisure Capital Management lifted its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after buying an additional 379 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $28.82 on Friday. The company has a 50-day moving average of $28.72 and a two-hundred day moving average of $27.62. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.24 and a one year high of $30.28.

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.