Missouri Trust & Investment Co Has $8.39 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Missouri Trust & Investment Co lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 239.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 302,615 shares of the company’s stock after purchasing an additional 213,569 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 2.9% of Missouri Trust & Investment Co’s holdings, making the stock its 6th biggest holding. Missouri Trust & Investment Co owned approximately 0.21% of Schwab U.S. Mid-Cap ETF worth $8,385,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SCHM. Fragasso Financial Advisors Inc grew its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares during the last quarter. Gemmer Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 209.9% in the 4th quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after acquiring an additional 1,027,320 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 33.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares during the last quarter. Koshinski Asset Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 209.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 644,951 shares of the company’s stock valued at $17,872,000 after purchasing an additional 436,390 shares in the last quarter. Finally, Salem Investment Counselors Inc. raised its position in Schwab U.S. Mid-Cap ETF by 181.5% in the 4th quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock valued at $18,689,000 after purchasing an additional 434,867 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $29.24 on Wednesday. The business has a fifty day moving average of $28.71 and a 200-day moving average of $27.66. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The firm has a market cap of $4.19 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.