Sawgrass Asset Management LLC Purchases 26,003 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sawgrass Asset Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 204.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,729 shares of the company’s stock after acquiring an additional 26,003 shares during the quarter. Sawgrass Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,073,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $30,000. Archer Investment Corp increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at $66,000. Finally, Farmers & Merchants Investments Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $28.52 on Thursday. The company’s 50-day simple moving average is $28.58 and its 200 day simple moving average is $27.93. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The company has a market capitalization of $4.09 billion, a PE ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.

Read More

Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.