Wescott Financial Advisory Group LLC Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Wescott Financial Advisory Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 111,588 shares of the company’s stock after buying an additional 74,517 shares during the quarter. Wescott Financial Advisory Group LLC owned 0.08% of Schwab U.S. Mid-Cap ETF worth $3,092,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Bush Investment Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after purchasing an additional 673 shares in the last quarter. Denver PWM LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after buying an additional 5,553 shares during the period. Anchor Investment Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after acquiring an additional 1,136 shares during the last quarter. World Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after acquiring an additional 747 shares during the period. Finally, US Bancorp DE boosted its position in shares of Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after acquiring an additional 29,745 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $24.94 on Friday. The firm has a market capitalization of $10.18 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The company has a 50 day moving average price of $27.62 and a 200 day moving average price of $28.10.

Schwab U.S. Mid-Cap ETF Cuts Dividend

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

Schwab U.S. Mid-Cap ETF 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.