Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Berkshire Asset Management LLC PA

Berkshire Asset Management LLC PA boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 211.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 623,369 shares of the company’s stock after acquiring an additional 423,132 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in Schwab U.S. Mid-Cap ETF were worth $18,202,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bush Investment Group LLC raised its position in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC raised its position in Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares during the period. Finally, Synovus Financial Corp raised its position in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $26.68 on Friday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The firm has a market capitalization of $10.85 billion, a PE ratio of 19.14 and a beta of 1.15. The business’s 50-day moving average is $28.35 and its two-hundred day moving average is $28.14.

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.