Manchester Financial Inc. lowered its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 10.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 195,396 shares of the company’s stock after selling 22,452 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 1.1% of Manchester Financial Inc.’s holdings, making the stock its 21st biggest position. Manchester Financial Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,876,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Accredited Wealth Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares during the last quarter. Kingdom Financial Group LLC. purchased a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $31,000. Ransom Advisory Ltd purchased a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $32,000. Finally, International Assets Investment Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $36,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Schwab U.S. Mid-Cap ETF stock opened at $35.63 on Friday. The stock has a market cap of $14.96 billion, a PE ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a one year low of $27.05 and a one year high of $35.85. The stock has a fifty day moving average of $33.96 and a 200 day moving average of $32.27.
Schwab U.S. Mid-Cap ETF Company 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.
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