Palouse Capital Management Inc. Has $60,000 Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Palouse Capital Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 238.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,168 shares of the company’s stock after acquiring an additional 1,528 shares during the period. Palouse Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $60,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Trust Co. of Vermont boosted its stake in Schwab U.S. Mid-Cap ETF by 446.9% during the 3rd quarter. Trust Co. of Vermont now owns 1,668 shares of the company’s stock valued at $139,000 after purchasing an additional 1,363 shares during the period. Sage Financial Management Group Inc. bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $4,075,000. Blue Trust Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 119.7% during the 3rd quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock valued at $160,000 after purchasing an additional 1,123 shares during the period. Slow Capital Inc. bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $207,000. Finally, Raymond James & Associates boosted its stake in Schwab U.S. Mid-Cap ETF by 5.6% during the 3rd quarter. Raymond James & Associates now owns 174,372 shares of the company’s stock valued at $14,489,000 after purchasing an additional 9,243 shares during the period.

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

Shares of NYSEARCA:SCHM opened at $28.89 on Friday. The business has a 50 day moving average price of $28.52 and a 200 day moving average price of $27.97. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.