Flow Traders U.S. LLC Increases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Flow Traders U.S. LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 368.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,798 shares of the company’s stock after buying an additional 27,366 shares during the quarter. Flow Traders U.S. LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Valued Wealth Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 3,900.0% in the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 390 shares during the last quarter. Contravisory Investment Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 21.0% during the 1st quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock worth $67,000 after purchasing an additional 142 shares during the last quarter. Citigroup Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 396.7% during the third quarter. Citigroup Inc. now owns 1,048 shares of the company’s stock worth $71,000 after purchasing an additional 837 shares in the last quarter. Morton Brown Family Wealth LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $72,000. Finally, Oak Harbor Wealth Partners LLC raised its stake in Schwab U.S. Mid-Cap ETF by 86.7% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 1,036 shares of the company’s stock valued at $78,000 after buying an additional 481 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM traded down $0.04 during trading hours on Monday, hitting $80.65. The company had a trading volume of 233,764 shares, compared to its average volume of 303,049. The business has a 50 day moving average of $78.73 and a 200-day moving average of $77.93. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $82.24. The company has a market cap of $11.56 billion, a PE ratio of 16.47 and a beta of 1.09.

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.