Schwab U.S. Mid-Cap ETF (SCHM) Position Lifted by Parsec Financial Management Inc.

Parsec Financial Management Inc. increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,592 shares of the company’s stock after acquiring an additional 18,697 shares during the quarter. Parsec Financial Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHM. The Manufacturers Life Insurance Company raised its holdings in Schwab U.S. Mid-Cap ETF by 382.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 33,211 shares of the company’s stock worth $1,756,000 after acquiring an additional 26,325 shares during the period. Royal Bank of Canada raised its holdings in Schwab U.S. Mid-Cap ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 255,071 shares of the company’s stock worth $13,488,000 after acquiring an additional 4,908 shares during the period. Summit Trail Advisors LLC bought a new position in Schwab U.S. Mid-Cap ETF in the 1st quarter worth $503,000. Bangor Savings Bank raised its holdings in Schwab U.S. Mid-Cap ETF by 8.4% in the 2nd quarter. Bangor Savings Bank now owns 103,930 shares of the company’s stock worth $5,705,000 after acquiring an additional 8,027 shares during the period. Finally, Newman Dignan & Sheerar Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1.0% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 106,698 shares of the company’s stock worth $5,857,000 after acquiring an additional 1,076 shares during the period.

SCHM traded up $1.03 during trading on Tuesday, hitting $52.25. The stock had a trading volume of 9,811 shares, compared to its average volume of 330,957. Schwab U.S. Mid-Cap ETF has a 12 month low of $49.78 and a 12 month high of $58.83.

Further Reading: Leveraged Buyout (LBO)

Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply