LTG Capital LLC Has $1.47 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

LTG Capital LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,955 shares of the company’s stock after acquiring an additional 35,320 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 1.2% of LTG Capital LLC’s investment portfolio, making the stock its 16th largest position. LTG Capital LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Trust Co. of Vermont boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 446.9% during the third quarter. Trust Co. of Vermont now owns 1,668 shares of the company’s stock worth $139,000 after purchasing an additional 1,363 shares during the period. Leverty Financial Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 95.5% during the 3rd quarter. Leverty Financial Group LLC now owns 11,759 shares of the company’s stock valued at $977,000 after buying an additional 5,743 shares during the period. LexAurum Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.0% during the 3rd quarter. LexAurum Advisors LLC now owns 86,151 shares of the company’s stock valued at $7,158,000 after acquiring an additional 6,395 shares in the last quarter. Cordant Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Finally, CHB Investment Group LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $1,446,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $28.89 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The business’s 50-day moving average price is $28.53 and its two-hundred day moving average price is $27.94. The company has a market capitalization of $4.14 billion, a P/E 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.