Whittier Trust Co. Boosts Position in Schwab U.S. Mid-Cap ETF $SCHM

Whittier Trust Co. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 13.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 271,481 shares of the company’s stock after acquiring an additional 32,026 shares during the quarter. Whittier Trust Co.’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,612,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $25,000. Creative Capital Management Investments LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $38,000. Roxbury Financial LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $39,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $42,000. Finally, Bulwark Capital Corp purchased a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $58,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $29.92 on Wednesday. The company has a market capitalization of $12.25 billion, a PE ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28. The firm’s 50-day moving average is $29.59 and its 200 day moving average is $27.97.

About Schwab U.S. Mid-Cap ETF

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.