White Pine Investment CO Increases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

White Pine Investment CO lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 574.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,717 shares of the company’s stock after acquiring an additional 159,904 shares during the quarter. White Pine Investment CO owned 0.13% of Schwab U.S. Mid-Cap ETF worth $5,202,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SCHM. Bank of New York Mellon Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 53.7% during the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after purchasing an additional 2,074 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 10.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock worth $898,000 after buying an additional 1,131 shares during the period. Blankinship & Foster LLC boosted its position in Schwab U.S. Mid-Cap ETF by 6.9% during the 2nd quarter. Blankinship & Foster LLC now owns 18,875 shares of the company’s stock valued at $1,469,000 after acquiring an additional 1,211 shares in the last quarter. Trinity Legacy Partners LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.1% in the 2nd quarter. Trinity Legacy Partners LLC now owns 137,553 shares of the company’s stock valued at $10,706,000 after acquiring an additional 2,793 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 56.9% during the 2nd quarter. AQR Capital Management LLC now owns 80,039 shares of the company’s stock worth $6,229,000 after purchasing an additional 29,028 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $29.24 on Wednesday. The stock’s 50-day moving average is $28.71 and its 200 day moving average is $27.66. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.54 and a 1-year high of $30.28. The company has a market cap of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.