350,280 Shares of Schwab U.S. Mid-Cap ETF $SCHM Bought by Lincoln Capital Corp

Lincoln Capital Corp purchased a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 350,280 shares of the company’s stock, valued at approximately $11,917,000. Schwab U.S. Mid-Cap ETF makes up approximately 3.9% of Lincoln Capital Corp’s investment portfolio, making the stock its 7th largest holding. Lincoln Capital Corp owned about 0.08% of Schwab U.S. Mid-Cap ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the stock. Godsey & Gibb Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter valued at about $29,000. Evergreen Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth approximately $29,000. Compass Financial Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $30,000. Archer Investment Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 266.9% in the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after acquiring an additional 782 shares in the last quarter. Finally, Angeles Wealth Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 67.1% in the second quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock valued at $34,000 after acquiring an additional 375 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.0%

NYSEARCA SCHM traded down $0.01 on Tuesday, hitting $34.50. 2,973,907 shares of the stock were exchanged, compared to its average volume of 1,449,059. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $28.25 and a fifty-two week high of $36.92. The company has a 50-day moving average price of $35.33 and a 200-day moving average price of $34.76. The company has a market cap of $14.56 billion, a PE ratio of 18.83 and a beta of 1.05.

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.