Missouri Trust & Investment Co Increases Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Missouri Trust & Investment Co grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 328,815 shares of the company’s stock after acquiring an additional 17,344 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 2.9% of Missouri Trust & Investment Co’s investment portfolio, making the stock its 6th largest position. Missouri Trust & Investment Co’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,746,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Assetmark Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 54.5% in the third quarter. Assetmark Inc. now owns 3,496 shares of the company’s stock valued at $104,000 after purchasing an additional 1,233 shares in the last quarter. Capital Investment Counsel LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $203,000. Beacon Bridge Wealth Partners LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.9% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 123,675 shares of the company’s stock worth $3,666,000 after buying an additional 2,364 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 8.0% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 29,003 shares of the company’s stock valued at $860,000 after buying an additional 2,155 shares in the last quarter. Finally, Caprock Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth $697,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $32.20 on Friday. The firm has a market capitalization of $13.19 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $33.13. The firm has a fifty day moving average of $31.30 and a 200 day moving average of $30.09.

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.