Forte Capital LLC ADV Purchases 25,032 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Forte Capital LLC ADV lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 186.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 38,461 shares of the company’s stock after buying an additional 25,032 shares during the quarter. Forte Capital LLC ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,066,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Blue Trust Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 119.7% during the third quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock worth $160,000 after purchasing an additional 1,123 shares during the last quarter. Raymond James & Associates boosted its holdings in Schwab U.S. Mid-Cap ETF by 5.6% in the third quarter. Raymond James & Associates now owns 174,372 shares of the company’s stock valued at $14,489,000 after acquiring an additional 9,243 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 34.9% in the third quarter. Private Advisor Group LLC now owns 94,072 shares of the company’s stock valued at $7,816,000 after acquiring an additional 24,313 shares during the last quarter. McAdam LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 6.6% in the third quarter. McAdam LLC now owns 16,395 shares of the company’s stock valued at $1,362,000 after acquiring an additional 1,008 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. boosted its holdings in Schwab U.S. Mid-Cap ETF by 5.5% in the third quarter. DHJJ Financial Advisors Ltd. now owns 72,543 shares of the company’s stock valued at $6,028,000 after acquiring an additional 3,777 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.69 on Friday. The business’s 50 day simple moving average is $28.49 and its 200 day simple moving average is $28.02. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The stock has a market capitalization of $4.11 billion, a PE 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.