Corient Private Wealth LLC Has $26.19 Million Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Corient Private Wealth LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 18.7% in the 4th quarter, HoldingsChannel reports. The firm owned 870,730 shares of the company’s stock after buying an additional 137,060 shares during the period. Corient Private Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $26,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHM. Farther Finance Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 41.7% during the fourth quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock worth $16,202,000 after acquiring an additional 158,469 shares during the last quarter. Dorato Capital Management acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at approximately $2,361,000. Chicago Partners Investment Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 10.8% in the fourth quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock valued at $30,528,000 after purchasing an additional 93,144 shares during the last quarter. Fragasso Financial Advisors Inc increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.8% during the fourth quarter. Fragasso Financial Advisors Inc now owns 2,980,496 shares of the company’s stock worth $89,624,000 after purchasing an additional 52,432 shares during the period. Finally, Cassilly Financial Group LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth approximately $1,154,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.7%

NYSEARCA:SCHM opened at $36.36 on Tuesday. The stock has a 50 day simple moving average of $34.57 and a 200 day simple moving average of $32.58. The stock has a market cap of $15.27 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.10 and a 1-year high of $36.65.

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.