Fort Vancouver Investment Management LLC Acquires New Stake in Schwab U.S. Mid-Cap ETF $SCHM

Fort Vancouver Investment Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the second quarter, HoldingsChannel.com reports. The firm acquired 14,193 shares of the company’s stock, valued at approximately $398,000. Schwab U.S. Mid-Cap ETF comprises about 0.3% of Fort Vancouver Investment Management LLC’s investment portfolio, making the stock its 24th biggest holding.

A number of other hedge funds also recently bought and sold shares of SCHM. Brighton Jones LLC increased its position in Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the last quarter. Golden State Wealth Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 90.9% during the first quarter. Golden State Wealth Management LLC now owns 5,344 shares of the company’s stock valued at $140,000 after acquiring an additional 2,545 shares during the last quarter. Highland Capital Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 33.0% during the first quarter. Highland Capital Management LLC now owns 11,190 shares of the company’s stock valued at $293,000 after acquiring an additional 2,775 shares during the last quarter. Finally, Legacy Wealth Management Inc increased its position in Schwab U.S. Mid-Cap ETF by 0.6% during the first quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock valued at $110,119,000 after acquiring an additional 23,009 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $30.03 on Monday. The stock has a fifty day moving average of $29.63 and a 200 day moving average of $28.13. The stock has a market cap of $12.29 billion, a PE ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.28.

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.