Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Bangor Savings Bank

Bangor Savings Bank boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 623,035 shares of the company’s stock after acquiring an additional 415,760 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 1.6% of Bangor Savings Bank’s holdings, making the stock its 13th biggest position. Bangor Savings Bank’s holdings in Schwab U.S. Mid-Cap ETF were worth $17,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after acquiring an additional 574,475 shares during the period. Chicago Partners Investment Group LLC raised its position in Schwab U.S. Mid-Cap ETF by 217.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock valued at $51,155,000 after purchasing an additional 421,888 shares during the last quarter. Trinity Legacy Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 217.5% during the 3rd quarter. Trinity Legacy Partners LLC now owns 436,706 shares of the company’s stock worth $36,286,000 after purchasing an additional 299,153 shares during the period. Campbell Wealth Management purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $24,509,000. Finally, Cerity Partners LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after buying an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

NYSEARCA SCHM opened at $28.09 on Tuesday. The firm has a market cap of $4.03 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28. The business’s 50-day moving average price is $28.73 and its 200 day moving average price is $27.48.

Schwab U.S. Mid-Cap ETF 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.