Madison Park Capital Advisors LLC Has $1.93 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Madison Park Capital Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,738 shares of the company’s stock after purchasing an additional 46,133 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 1.5% of Madison Park Capital Advisors LLC’s holdings, making the stock its 18th biggest holding. Madison Park Capital Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,932,000 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. Albion Financial Group UT raised its position in shares of Schwab U.S. Mid-Cap ETF by 197.0% during the fourth quarter. Albion Financial Group UT now owns 10,945 shares of the company’s stock worth $303,000 after acquiring an additional 7,260 shares during the last quarter. Advisory Alpha LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Missouri Trust & Investment Co raised its position in shares of Schwab U.S. Mid-Cap ETF by 239.8% during the fourth quarter. Missouri Trust & Investment Co now owns 302,615 shares of the company’s stock worth $8,385,000 after acquiring an additional 213,569 shares during the last quarter. Dakota Wealth Management raised its position in shares of Schwab U.S. Mid-Cap ETF by 197.1% during the fourth quarter. Dakota Wealth Management now owns 81,150 shares of the company’s stock worth $2,249,000 after acquiring an additional 53,833 shares during the last quarter. Finally, Davis Capital Management raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Davis Capital Management now owns 4,845 shares of the company’s stock worth $134,000 after acquiring an additional 3,230 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $29.24 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business has a 50-day moving average of $28.71 and a 200-day moving average of $27.66.

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.