St. Louis Trust Co Purchases 11,760 Shares of Schwab U.S. Mid-Cap ETF $SCHM

St. Louis Trust Co boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 122,680 shares of the company’s stock after acquiring an additional 11,760 shares during the period. St. Louis Trust Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,441,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Advisory Alpha LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 27.7% during the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock worth $191,211,000 after purchasing an additional 1,581,924 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at approximately $40,844,000. Dynamic Advisor Solutions LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter worth approximately $24,197,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab U.S. Mid-Cap ETF by 8.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after buying an additional 616,733 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 28.6% during the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after buying an additional 368,908 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 2.7%

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.90 on Monday. The business has a 50 day moving average of $29.42 and a 200 day moving average of $27.79. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The company has a market cap of $11.88 billion, a PE ratio of 18.83 and a beta of 1.13.

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.