Lodestar Private Asset Management LLC Has $10.11 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Lodestar Private Asset Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 218.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 365,008 shares of the company’s stock after purchasing an additional 250,470 shares during the period. Schwab U.S. Mid-Cap ETF makes up 1.3% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 25th biggest position. Lodestar Private Asset Management LLC owned about 0.25% of Schwab U.S. Mid-Cap ETF worth $10,114,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the period. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $30,000. Archer Investment Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares during the last quarter. UMB Bank n.a. boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after buying an additional 882 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock worth $41,000 after buying an additional 984 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.0 %

NYSEARCA SCHM opened at $29.01 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The company has a 50 day moving average of $28.66 and a 200-day moving average of $27.86. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.