Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Brighton Jones LLC

Brighton Jones LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,293 shares of the company’s stock after purchasing an additional 15,538 shares during the period. Brighton Jones LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $645,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 56.9% during the second quarter. AQR Capital Management LLC now owns 80,039 shares of the company’s stock worth $6,229,000 after buying an additional 29,028 shares during the last quarter. Silver Lake Advisory LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at approximately $1,003,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after purchasing an additional 574,475 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 24.5% in the second quarter. NewEdge Advisors LLC now owns 50,285 shares of the company’s stock valued at $3,914,000 after purchasing an additional 9,898 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.7% during the second quarter. Sunbelt Securities Inc. now owns 89,180 shares of the company’s stock worth $6,941,000 after purchasing an additional 5,569 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $29.20 on Friday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s fifty day moving average price is $28.73 and its 200 day moving average price is $27.74. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.54 and a 1-year 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.