Holderness Investments Co. Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Holderness Investments Co. boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,200 shares of the company’s stock after purchasing an additional 389 shares during the period. Holderness Investments Co.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,027,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth about $25,000. EverSource Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 75.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after buying an additional 148 shares in the last quarter. Chilton Capital Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $30,000. Valued Wealth Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% during the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 390 shares in the last quarter. Finally, Institutional & Family Asset Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 500.0% in the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock worth $34,000 after acquiring an additional 360 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $82.71 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $83.31. The stock has a market cap of $11.86 billion, a PE ratio of 16.47 and a beta of 1.09. The stock has a fifty day moving average of $79.79 and a 200-day moving average of $79.06.

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.