First Growth Capital LLC Invests $1.49 Million in Schwab U.S. Mid-Cap ETF $SCHM

First Growth Capital LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 45,486 shares of the company’s stock, valued at approximately $1,490,000. Schwab U.S. Mid-Cap ETF comprises approximately 1.5% of First Growth Capital LLC’s holdings, making the stock its 13th biggest holding.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in Schwab U.S. Mid-Cap ETF by 4.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock valued at $328,744,000 after purchasing an additional 459,489 shares during the last quarter. Moneta Group Investment Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 6.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after purchasing an additional 648,134 shares during the last quarter. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 6.8% in the 3rd quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock worth $267,436,000 after purchasing an additional 568,609 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock worth $180,506,000 after purchasing an additional 15,350 shares during the last quarter. Finally, Legacy Wealth Management Inc increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.7% during the 4th quarter. Legacy Wealth Management Inc now owns 4,319,152 shares of the company’s stock worth $129,877,000 after purchasing an additional 114,417 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $36.09 on Friday. The company has a 50-day simple moving average of $34.42 and a 200-day simple moving average of $32.49. The firm has a market capitalization of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.10 and a 52 week high of $36.65.

Schwab U.S. Mid-Cap ETF Company Profile

(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.

Featured Stories

• Five stocks we like better than Schwab U.S. Mid-Cap ETF
• Credo Technologies Accelerates AI—Its Stock Price Will Follow
• Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
• Jabil Just Gave Investors a Stronger Reason to Buy the Dip
• CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge

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:SCHM – Free Report).