Thrivent Financial for Lutherans Buys 42,819 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Thrivent Financial for Lutherans lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 587,364 shares of the company’s stock after purchasing an additional 42,819 shares during the period. Thrivent Financial for Lutherans owned about 0.41% of Schwab U.S. Mid-Cap ETF worth $45,714,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Napatree Capital LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $2,110,000. Burkett Financial Services LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $2,397,000. Human Investing LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $221,000. Clear Rock Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $4,440,000. Finally, Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $2,613,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $82.71 on Monday. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $83.31. The company has a 50-day moving average of $79.79 and a 200 day moving average of $79.06. The firm has a market cap of $11.86 billion, a PE ratio of 16.47 and a beta of 1.09.

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.