Wilmington Savings Fund Society FSB Makes New Investment in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 800 shares of the company’s stock, valued at approximately $66,000.

A number of other hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the period. Sculati Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 91.1% during the 3rd quarter. Sculati Wealth Management LLC now owns 69,744 shares of the company’s stock valued at $5,679,000 after buying an additional 33,254 shares during the period. National Bank of Canada FI increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 72.8% during the 2nd quarter. National Bank of Canada FI now owns 6,055 shares of the company’s stock worth $480,000 after buying an additional 2,550 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at $1,209,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $27.62 on Friday. The company’s 50 day moving average price is $28.74 and its 200 day moving average price is $27.52. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.