Madison Park Capital Advisors LLC Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Madison Park Capital Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 2.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,380 shares of the company’s stock after buying an additional 512 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 1.6% of Madison Park Capital Advisors LLC’s holdings, making the stock its 21st largest holding. Madison Park Capital Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,822,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Boltwood Capital Management increased its holdings in Schwab U.S. Mid-Cap ETF by 5.8% in the first quarter. Boltwood Capital Management now owns 23,423 shares of the company’s stock valued at $1,907,000 after buying an additional 1,284 shares in the last quarter. Fairman Group LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $115,000. Napatree Capital LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $2,110,000. PNC Financial Services Group Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 170.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 16,588 shares of the company’s stock valued at $1,249,000 after purchasing an additional 10,447 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $643,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.3 %

Shares of SCHM stock traded up $0.26 during trading hours on Wednesday, hitting $78.14. The company’s stock had a trading volume of 204,002 shares, compared to its average volume of 305,609. The business has a fifty day moving average of $78.35 and a 200-day moving average of $76.94. The stock has a market cap of $11.20 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74.

Schwab U.S. Mid-Cap ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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