Breed s Hill Capital LLC Takes $2.44 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Breed s Hill Capital LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 32,450 shares of the company’s stock, valued at approximately $2,444,000. Schwab U.S. Mid-Cap ETF comprises approximately 2.4% of Breed s Hill Capital LLC’s investment portfolio, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 9.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock worth $1,386,937,000 after buying an additional 1,714,519 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% during the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after acquiring an additional 17,766,110 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 3.5% during the 3rd quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock valued at $241,993,000 after acquiring an additional 119,381 shares during the period. Moneta Group Investment Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 5.6% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock worth $124,653,000 after purchasing an additional 97,614 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock valued at $129,458,000 after purchasing an additional 5,820 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM traded up $0.82 during trading on Thursday, hitting $79.82. The company had a trading volume of 234,145 shares, compared to its average volume of 325,744. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The firm has a market capitalization of $11.44 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock has a 50 day simple moving average of $78.70 and a 200 day simple moving average of $74.37.

Schwab U.S. Mid-Cap ETF Company Profile

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.