Oakworth Capital Inc. Acquires 1,548 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Oakworth Capital Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,322 shares of the company’s stock after buying an additional 1,548 shares during the period. Oakworth Capital Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $64,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Advisory Alpha LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. Summit Financial Strategies Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after purchasing an additional 1,282,163 shares in the last quarter. Finally, Gemmer Asset Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after purchasing an additional 1,027,320 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.0 %

Shares of SCHM stock opened at $29.01 on Friday. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business’s 50-day moving average price is $28.66 and its 200-day moving average price is $27.86. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

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.