Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Sightline Wealth Advisors LLC

Sightline Wealth Advisors LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 108,104 shares of the company’s stock after acquiring an additional 2,050 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 6.2% of Sightline Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. Sightline Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,142,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. WestHill Financial Advisors Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $28,000. Worth Asset Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Sound Income Strategies LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 77.1% in the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock valued at $32,000 after buying an additional 205 shares during the period. Fifth Third Bancorp increased its position in Schwab U.S. Mid-Cap ETF by 1,285.7% during the 3rd quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after purchasing an additional 450 shares during the period. Finally, Indiana Trust & Investment Management CO acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $35,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock traded down $0.93 during trading hours on Tuesday, hitting $80.03. 381,643 shares of the company were exchanged, compared to its average volume of 321,385. The company has a 50 day simple moving average of $77.55 and a two-hundred day simple moving average of $72.47. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74. The firm has a market cap of $11.11 billion, a P/E ratio of 12.93 and a beta of 1.13.

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.

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

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