Cerity Partners LLC Has $186.11 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cerity Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,714,292 shares of the company’s stock after acquiring an additional 4,449,523 shares during the quarter. Cerity Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $186,110,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 18.1% during the 3rd quarter. FMR LLC now owns 28,711 shares of the company’s stock worth $2,386,000 after buying an additional 4,407 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 46.9% during the third quarter. Integrated Wealth Concepts LLC now owns 14,656 shares of the company’s stock valued at $1,218,000 after acquiring an additional 4,677 shares during the period. Kovitz Investment Group Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 6.1% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 11,926 shares of the company’s stock valued at $989,000 after purchasing an additional 682 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $1,209,000. Finally, MML Investors Services LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 0.4% during the 3rd quarter. MML Investors Services LLC now owns 137,556 shares of the company’s stock worth $11,430,000 after purchasing an additional 560 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 5.2 %

NYSEARCA:SCHM opened at $23.64 on Monday. The firm has a market cap of $9.65 billion, a PE ratio of 18.01 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $23.19 and a 12 month high of $30.28. The company’s 50-day moving average price is $27.51 and its two-hundred day moving average price is $28.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a $0.0776 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.