Whittier Trust Co. of Nevada Inc. Buys 38,955 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Whittier Trust Co. of Nevada Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 395,158 shares of the company’s stock after buying an additional 38,955 shares during the period. Whittier Trust Co. of Nevada Inc. owned about 0.09% of Schwab U.S. Mid-Cap ETF worth $12,436,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Valpey Financial Services LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2,876.4% in the fourth quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock worth $140,495,000 after acquiring an additional 4,082,734 shares during the period. 93 Financial Group LLC bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $48,614,000. Financial Planning Navigators CORP bought a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $22,267,000. Moneta Group Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 6.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after purchasing an additional 648,134 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in Schwab U.S. Mid-Cap ETF by 97.8% in the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock worth $36,187,000 after purchasing an additional 637,571 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $35.97 on Monday. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The company has a market cap of $14.96 billion, a P/E ratio of 18.83 and a beta of 1.03. The business has a 50-day simple moving average of $35.10 and a two-hundred day simple moving average of $32.95.

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.