224,611 Shares in Schwab U.S. Mid-Cap ETF $SCHM Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 224,611 shares of the company’s stock, valued at approximately $7,641,000.

A number of other institutional investors have also modified their holdings of SCHM. Creekside Partners grew its stake in Schwab U.S. Mid-Cap ETF by 0.8% in the third quarter. Creekside Partners now owns 182,335 shares of the company’s stock worth $6,203,000 after purchasing an additional 1,522 shares in the last quarter. Villere ST Denis J & Co. LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $3,726,000. Missouri Trust & Investment Co raised its position in Schwab U.S. Mid-Cap ETF by 0.4% during the 3rd quarter. Missouri Trust & Investment Co now owns 357,857 shares of the company’s stock valued at $12,174,000 after purchasing an additional 1,329 shares in the last quarter. Brighton Jones LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $1,058,000. Finally, Pegasus Asset Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 9.2% in the 3rd quarter. Pegasus Asset Management Inc. now owns 39,200 shares of the company’s stock worth $1,334,000 after buying an additional 3,311 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 1.3%

Shares of SCHM stock opened at $35.16 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92. The stock has a market capitalization of $14.95 billion, a price-to-earnings ratio of 19.13 and a beta of 1.05. The stock has a fifty day simple moving average of $34.79 and a two-hundred day simple moving average of $34.22.

Schwab U.S. Mid-Cap ETF 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.