OLD National Bancorp IN Buys 6,522 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

OLD National Bancorp IN grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,693 shares of the company’s stock after buying an additional 6,522 shares during the period. OLD National Bancorp IN’s holdings in Schwab U.S. Mid-Cap ETF were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SCHM. Advisory Alpha LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares during the period. Legacy Wealth Management Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th 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 in the last quarter. Summit Financial Strategies Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after buying an additional 1,282,163 shares during the period. Finally, Gemmer Asset Management LLC increased its stake 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 valued at $42,028,000 after acquiring an additional 1,027,320 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

Shares of NYSEARCA SCHM opened at $28.94 on Monday. The firm has a market cap of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. The company’s fifty day simple moving average is $28.73 and its 200 day simple moving average is $27.82. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month 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.