Ruggaard & Associates LLC Increases Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ruggaard & Associates LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 189.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,796 shares of the company’s stock after buying an additional 14,262 shares during the quarter. Ruggaard & Associates LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $604,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 197.4% during the 4th quarter. Quadrant Capital Group LLC now owns 40,056 shares of the company’s stock worth $1,110,000 after purchasing an additional 26,589 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Schwab U.S. Mid-Cap ETF by 244.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,592,106 shares of the company’s stock valued at $71,827,000 after buying an additional 1,838,677 shares during the period. Oarsman Capital Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock valued at $26,000 after buying an additional 622 shares in the last quarter. KCM Investment Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. KCM Investment Advisors LLC now owns 65,583 shares of the company’s stock worth $1,817,000 after purchasing an additional 43,722 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Schwab U.S. Mid-Cap ETF by 176.6% in the 4th quarter. Wells Fargo & Company MN now owns 447,569 shares of the company’s stock valued at $12,402,000 after purchasing an additional 285,741 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 5.2 %

Shares of SCHM opened at $23.64 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $23.19 and a 12-month high of $30.28. The firm has a market capitalization of $9.65 billion, a P/E ratio of 18.01 and a beta of 1.09. The firm has a 50-day moving average price of $27.51 and a 200 day moving average price of $28.08.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0776 dividend. The ex-dividend date was Wednesday, March 26th.

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.