Capital Planning LLC Purchases 80,208 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Capital Planning LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 238.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 113,779 shares of the company’s stock after acquiring an additional 80,208 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 0.8% of Capital Planning LLC’s holdings, making the stock its 29th biggest position. Capital Planning LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,153,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Harbor Group Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 196.2% during the 4th quarter. Harbor Group Inc. now owns 485,841 shares of the company’s stock valued at $13,463,000 after acquiring an additional 321,840 shares during the period. Omega Financial Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 177.7% during the 4th quarter. Omega Financial Group LLC now owns 406,585 shares of the company’s stock valued at $11,266,000 after acquiring an additional 260,162 shares during the period. Mirador Capital Partners LP grew its stake in shares of Schwab U.S. Mid-Cap ETF by 205.5% during the 4th quarter. Mirador Capital Partners LP now owns 15,737 shares of the company’s stock valued at $436,000 after acquiring an additional 10,585 shares during the period. West Coast Financial LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. West Coast Financial LLC now owns 17,400 shares of the company’s stock valued at $482,000 after acquiring an additional 11,600 shares during the period. Finally, Cordant Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after acquiring an additional 726 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $28.70 on Friday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.17 and a 1-year high of $30.28. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business has a 50 day simple moving average of $28.73 and a two-hundred day simple moving average of $27.59.

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.