Schwab U.S. Mid-Cap ETF $SCHM Shares Bought by Fortis Capital Management LLC

Fortis Capital Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 11.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 487,153 shares of the company’s stock after purchasing an additional 49,891 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.5% of Fortis Capital Management LLC’s investment portfolio, making the stock its 8th biggest position. Fortis Capital Management LLC owned 0.12% of Schwab U.S. Mid-Cap ETF worth $15,082,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Summit Asset Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the first quarter. Summit Asset Management LLC now owns 1,268,811 shares of the company’s stock valued at $39,282,000 after purchasing an additional 8,217 shares during the period. Cassaday & Co Wealth Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth about $117,000. Human Investing LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 4.6% in the 1st quarter. Human Investing LLC now owns 7,216 shares of the company’s stock worth $223,000 after buying an additional 320 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter worth about $7,764,000. Finally, Greenwood Gearhart LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 141.7% in the 1st quarter. Greenwood Gearhart LLC now owns 35,667 shares of the company’s stock valued at $1,104,000 after buying an additional 20,911 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $35.35 on Wednesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.76 and a 12 month high of $36.90. The business has a 50-day moving average of $35.41 and a two-hundred day moving average of $33.37. The stock has a market capitalization of $14.73 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03.

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.