Tiller Private Wealth Inc. Acquires 545 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Tiller Private Wealth Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% during the 4th quarter, HoldingsChannel reports. The fund owned 120,478 shares of the company’s stock after buying an additional 545 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 4.5% of Tiller Private Wealth Inc.’s portfolio, making the stock its 11th biggest holding. Tiller Private Wealth Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of SCHM. WestHill Financial Advisors Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $28,000. Worth Asset Management LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter valued at approximately $29,000. Sound Income Strategies LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 77.1% during the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock valued at $32,000 after buying an additional 205 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after buying an additional 450 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $37,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM traded down $0.11 during trading on Thursday, reaching $75.70. 389,991 shares of the stock traded hands, compared to its average volume of 317,864. The stock has a 50-day moving average of $78.40 and a two-hundred day moving average of $73.25. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The stock has a market cap of $10.83 billion, a P/E ratio of 16.71 and a beta of 1.09.

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.