Compass Financial Group INC SD lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 9.7% during the 2nd quarter, Holdings Channel reports. The fund owned 89,830 shares of the company’s stock after buying an additional 7,906 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 0.4% of Compass Financial Group INC SD’s portfolio, making the stock its 22nd largest holding. Compass Financial Group INC SD’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,520,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Stratos Wealth Partners LTD. boosted its holdings in Schwab U.S. Mid-Cap ETF by 7.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 17,949 shares of the company’s stock valued at $470,000 after purchasing an additional 1,168 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $191,000. Diversified Trust Co purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth approximately $265,000. Brown Advisory Inc. grew its position in Schwab U.S. Mid-Cap ETF by 13.8% in the first quarter. Brown Advisory Inc. now owns 24,848 shares of the company’s stock worth $651,000 after acquiring an additional 3,004 shares during the period. Finally, Golden Reserve Retirement LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the first quarter worth $217,000.
Schwab U.S. Mid-Cap ETF Stock Up 0.4%
NYSEARCA:SCHM opened at $30.04 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The stock’s fifty day moving average is $29.32 and its two-hundred day moving average is $27.68. The company has a market capitalization of $12.34 billion, a P/E ratio of 18.83 and a beta of 1.13.
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.
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Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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