Triangle Securities Wealth Management Grows Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Triangle Securities Wealth Management grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,743 shares of the company’s stock after purchasing an additional 8,233 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 4.1% of Triangle Securities Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. Triangle Securities Wealth Management owned about 0.16% of Schwab U.S. Mid-Cap ETF worth $9,402,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Broadleaf Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.5% during the first quarter. Broadleaf Partners LLC now owns 59,281 shares of the company’s stock valued at $3,292,000 after purchasing an additional 894 shares during the period. Elwood & Goetz Wealth Advisory Group LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 8.5% in the first quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 138,108 shares of the company’s stock worth $7,650,000 after acquiring an additional 10,793 shares during the period. Newport Wealth Strategies Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Newport Wealth Strategies Inc. now owns 66,453 shares of the company’s stock worth $3,741,000 after acquiring an additional 3,216 shares during the period. Bogart Wealth LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 74.1% in the first quarter. Bogart Wealth LLC now owns 14,642 shares of the company’s stock worth $811,000 after acquiring an additional 6,232 shares during the period. Finally, Bangor Savings Bank raised its position in shares of Schwab U.S. Mid-Cap ETF by 3.0% in the first quarter. Bangor Savings Bank now owns 138,939 shares of the company’s stock worth $7,696,000 after acquiring an additional 4,010 shares during the period.

Shares of Schwab U.S. Mid-Cap ETF stock traded down $0.30 during trading hours on Wednesday, reaching $56.87. The stock had a trading volume of 2,144 shares, compared to its average volume of 476,905. Schwab U.S. Mid-Cap ETF has a twelve month low of $44.97 and a twelve month high of $58.83.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Thursday, March 21st were given a $0.1615 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 1.14%.

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

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